Yeah. I need the ability to instantly access an amount of cash I think can get me out of any situation easy and then some and I don't feel comfortable using a credit card for shyt hits the fan type situations. 10K covers that for me. I have a high yield savings account, but that money is specifically for if I'm in an unemployed and have exhausted that 10K + severance + unemployment pay situation.
What’s the minimum amount that should be kept in your checking account at all times?
- Thread starter Sad Bunny
- Start date
Single transactions of 10K or more do.
Plus who cares? unless you selling drugs or evading taxes
fukk it and I will be honest, as long as it’s positive, that’s good enough for me. I purposely keep my checking low because I hate auto-pay hitting me without my knowledge. So my savings account is what my checking should be and I try to keep at least 500 but I’m late on my bills so it’s a struggle.
I’m glad it’s tax season
I’m glad it’s tax season
Whatever is left from my check after paying bills, and making deposits into investment and savings accounts
Vaselclean
Pro
It all goes to into a high yield checking account.
What about your daily and weekly expenses though?
Shopping? Dinner? Concerts and travel etc.
BaldingSoHard
Veteran
I keep cash in SWVXX (money market). Completely liquid and earning 5%.
In The Zone '98
Superstar
Whatever you can. Because we ain't got it.
Link me breh
nikkas got that bail money on deck. lol realistically why would u need more than 3-4 thousand sitting in a checking account for?