Hit me
Hitting the 3k in savings mark pre tax return appreciation!!
- Thread starter Klyk21
- Start date
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- pretax savings account
BaldingSoHard
Veteran
Problem is, some of us are in our late 30's with solid careers. Past a certain point, say 60k, posting up an account would just look like bragging. I think the point of this thread is that with discipline and determination, anyone can be financially well off. Look how far you've come in just a year. It's already inspirational, breh. Keep doing what you're doing.
Dolla$
Minus the bullsh*t...life's great
Look into betterment breh. Just opened a 'Safety Net' account with them.
GetInTheTruck
Member
I'm the same way. I got over 35K in savings and 0 debt since I didn't go to college. I feel like I should be doing something with this but I'm not ready to just trust any old scheme or financial plan that comes my way.
root_eruditorium_org
All Star
Dolla$
Minus the bullsh*t...life's great
#Goals
most of my money is in investments.Thanks! But I'm looking like these other dudes with more should be setting the bar higher by posting their accounts up. It will inspire us all to save betterJust seeing another man with 90k in savings can inspire others to save as well. Knowing this, I made the thread in hope to inspire, not brag ( nearly repped and dapped the entire 1st page) . Looks like most can see that so
to all
(not pictured - my robinhood account)
i need to open a savings account, but the rates are
ally is the best at 1% right now but still
plus i got no debt :kawhiblessed:
i'd start as soon as possible. you dont need your employer to do it, since it's after-tax income.
sayyestothis
Free the guys
For those that want to invest please talk to someone that is a professional. There is a lot of misinformation being said on here.
Also you shouldn't be investing ANYTHING until you have built up your savings account/side bank account to 6 months living expenses...pay YOURSELF first. This means if you spend on average 2000 a month you need at LEAST 12k in a savings account. Anything ABOVE that you can look into options to invest but until you get your savings in order don't even dabble in investing...
Also you shouldn't be investing ANYTHING until you have built up your savings account/side bank account to 6 months living expenses...pay YOURSELF first. This means if you spend on average 2000 a month you need at LEAST 12k in a savings account. Anything ABOVE that you can look into options to invest but until you get your savings in order don't even dabble in investing...
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BaldingSoHard
Veteran
Normally I'd agree, but with retirement planning, every year you wait is a missed opportunity.
root_eruditorium_org
All Star
It just doesn't make sense to think of retirement when you barely have enough side funds to last you a couple of months on the off chance that you get canned by your employer.
& especially for the average person on the coli ... I'd rather they have their F*** YOU MONEY in place before starting to gamble with their cash.
Lastly, how long would it really take to build up some eff you reserves? Just gotta be frugal and stack for like a year. But then again that depends on what your living situation and debt situation is.
BaldingSoHard
Veteran
It's never too early to think about retirement but you're right. Gotta make sure the basics are covered first.
SouljaVoy
♥ Black Love
All my account balances are in the negative.... Checking, savings, and credit card balances. 
Klyk21
Hate is Rising, Love is Dying....
This. I suggest reading kiplingers magazine or just go their website to get money advice. They are the best investment magazine ive read. Check your local library for updated issues
Money Be Green
Superstar
Now its $3250.14
Basically, how most people play games on their phones, I do the same with my money. Let me explain. When I'm just sitting around, ill (restaurant, library, waiting room, home etc) login to my mobile banking app and just take chunks out of my checking at a time. For example, Ill see 321.93 in my checking and take out eithe 21.93 making it 300, 6.93 making it 315 or even as small as 1.93 making it 320 remaining (have an obsession with complete even/odd numbers
I just opened up a savings account and Ima do the shyt you did breh
I_Got_Da_Burna
Superstar
I'll put this is spoiler tags but here's what I have in accts today. Just some things to keep in mind:
- I'm an old head on these boards
- I've made some wise real estate investments in the past couple of years
- I'm fortunate to have a well paying job
- I got lucky and was able to leverage a home that my parents sold me for below-market value, so I'm just fortunate to have a family that is looking out for me--I don't want to come off like I'm better than other people, i'm just lucky
My advice to people who want to people who get their hands on some paper:
- don't be afraid to invest if you see a good opportunity. best bet is real estate.
- find a reasonable number per month and save that. if you can save $1,000/month, you'd per surprised how quickly that can accumulate
- always look for a better job. don't get comfortable anywhere
- don't waste your money on cars or depreciating assets. fukk an image.
- I'm an old head on these boards
- I've made some wise real estate investments in the past couple of years
- I'm fortunate to have a well paying job
- I got lucky and was able to leverage a home that my parents sold me for below-market value, so I'm just fortunate to have a family that is looking out for me--I don't want to come off like I'm better than other people, i'm just lucky
My advice to people who want to people who get their hands on some paper:
- don't be afraid to invest if you see a good opportunity. best bet is real estate.
- find a reasonable number per month and save that. if you can save $1,000/month, you'd per surprised how quickly that can accumulate
- always look for a better job. don't get comfortable anywhere
- don't waste your money on cars or depreciating assets. fukk an image.