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How much "rainy day savings" do you have?

Not talking about 401k or nest egg for home down payment etc., just purely "emergency" money. I feel safe with three-four months worth of pay. You?

by Anonymousreply 3905/22/2013


I live paycheck to paycheck, and barely even that. Make $40k annually.

by Anonymousreply 105/22/2013

Enough to keep me in earring and caftans until they put me in the ground.

by Anonymousreply 205/22/2013

$30K in 2 savings accounts.

by Anonymousreply 305/22/2013

$1.7M. It's my fuck you fund when the job gets to be too much

by Anonymousreply 405/22/2013

Enough to get me through a light drizzle.

by Anonymousreply 505/22/2013

Three boyfriends on hand who shit money for breakfast.

by Anonymousreply 605/22/2013

If I have 1.7 M I'll retire.

by Anonymousreply 705/22/2013

About $17,000.

by Anonymousreply 805/22/2013

One year in cash - just in case everything else in the world goes to shit. Quite a bit more than that if everything doesn't go to shit.

I worried when I was younger so I put away a lot more than I needed to for years. I don't worry about it anymore.

by Anonymousreply 905/22/2013

oh my to all.

by Anonymousreply 1005/22/2013

Three or four months likely won't be enough for most working folks they unexpectedly loose their jobs . . . eight to twelve months in liquid savings is a wiser choice . . . . not always eay to do I know, but that is my response to the original question.

by Anonymousreply 1105/22/2013


by Anonymousreply 1205/22/2013

70k liquid

by Anonymousreply 1305/22/2013

85K - About 1 years salary in a savings account I consider completely hands off. Pray I never have to use it,

by Anonymousreply 1405/22/2013

35k liquid, 20k in investments (ETFs on stop loss, accessible should a superemergency arrive).

by Anonymousreply 1505/22/2013


by Anonymousreply 1605/22/2013

I just go kill myself

by Anonymousreply 1705/22/2013

$16,000 in cash which is sufficient to pay all expenses and health insurance for five months. I have no debt and am very frugal. Another $20,000 in a savings account at the credit union. It pays me .01% interest a year. The decimal is not misplaced.

by Anonymousreply 1805/22/2013

About 75K cash/savings; about 500K in liquid assets.

by Anonymousreply 1905/22/2013


by Anonymousreply 2005/22/2013

A 9.5 inch dick, a sexy body, and a stash of blue pills. Thank goodness for wealthy closeted men.

by Anonymousreply 2105/22/2013

The same amount I had the last time we did this thread.

by Anonymousreply 2205/22/2013


by Anonymousreply 2305/22/2013

I quit my job last week. I am 56. I am not planning to go back to work. So, I don't really have a "rainy day savings".

We should have enough in conservative investments to last 4+ years without having to sell stocks.

The first 7 years out of college I pretty much lived paycheck to paycheck. I can't believe I did that. Once we got serious about saving we went balls to the wall.

by Anonymousreply 2405/22/2013

$7250 but I eliminated all debt last year. I can save $500 a month now. I will get a small pension and full medical in 3 years. I never thought I would be thrilled to turn 55 but it means that I will be able to leave state government, which is currently a train wreck.

by Anonymousreply 2505/22/2013


by Anonymousreply 2605/22/2013

$65K right now. I was over $100K but I bought a car.

by Anonymousreply 2705/22/2013

I am very fortunate not to have to count or worry about things like this - I have a situation where there will always be more than enough.

I think it's great that you have savings, OP (and a lot of other guys here seem to as well). Statistically many Americans don't.

I really salute those who have the discipline to save rather than spend. That kind of habit practiced by my great great grandparents is still paying off for my family today. They started out with nothing besides some land, a few shaky investments, and a very modest nest egg so it can be done - by literally anyone! Goof luck, OP :)

by Anonymousreply 2805/22/2013

$18K in a savings account. Another thousand in cash at home.

by Anonymousreply 2905/22/2013

10k that in burning through now since I'm unemployed but actively looking for a job.

by Anonymousreply 3005/22/2013

There may be a few coins in my couch cushions.

by Anonymousreply 3105/22/2013

r28, do you chose to hold a job?

by Anonymousreply 3205/22/2013

R31, "Holla!" I know that, girlfriend. I am in real trouble when that rainy day arrives. I cant believe how many b*itches here know how to save. I must have missed that day in homo class.

by Anonymousreply 3305/22/2013

[all posts by tedious troll removed.]

by Anonymousreply 3405/22/2013

I must admit that I do not work currently, R32.

I attempted to start a career years ago (graphic design) but the working conditions at this particular company were deplorable (long hours, very few breaks, etc). I had better ideas than my superiors, but my opinion was never valued highly. I ended up leaving after less than 3 months. It was quite unfortunate, because it stole from me what I could have been a fulfilling and interesting career. The struggle felt good, though.

The silver lining: I realized there is much more to life than work. I'm so glad I dodged the bullet of getting sucked into the rat race. I'm sure you are noticing now that you are retired, but many people get overly caught up in work - for what?

If found myself in need of income tomorrow, I'd probably just take a part time job (something basic /stress-free), move to a low-rent area, skip big-ticket items and refuse to buy into the consumer culture - it's what traps many Americans. I'll never understand why more people don't do something like that.

by Anonymousreply 3505/22/2013

r35, Instead of working part time, we decided to save a big chunk of our incomes. That didn't do it alone, but it helped.

We have friends visiting next week and it's been so nice to be able to slowly clean instead of having to bust my ass after work.

I really don't know how two people with kids do it, let alone single parents. 40 plus hour work weeks just rob people of their lives.

by Anonymousreply 3605/22/2013

I only have a few extra caftans and a pair of diamond earrings.

by Anonymousreply 3705/22/2013

I truly commend your foresight and discipline, R36. I wish you a very happy retirement. I recommend travelling as extensively as you can - of all the various pleasures that money can buy, I have found that travel gives the best return on one's investment.

by Anonymousreply 3805/22/2013

I was born to privilege.

by Anonymousreply 3905/22/2013
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