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re: How much should a person have in their savings by 25?

Posted on 5/18/15 at 8:58 pm to
Posted by Btrtigerfan
Disgruntled employee
Member since Dec 2007
21732 posts
Posted on 5/18/15 at 8:58 pm to
You should have enough to cover your annual out of pocket expenses-deductables for medical and auto policies.

If you have any debt at all, anything extra should be spent paying that off.

If you have money making 1.3% at in the savings while you are paying 14.9% on a credit account, you are doing it wrong.
Posted by East Coast Band
Member since Nov 2010
63021 posts
Posted on 5/18/15 at 9:34 pm to
quote:

If you have money making 1.3% at in the savings

No savings is earning this high, is it?
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