Spatial Land

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How much money does one need in savings?


Posts: 821

I asked this a friend of mine he said 4 months of rent + same money for food. For when shit hits the fan. I have much more in savings. I wonder if I am saving too much and I am not hedonistic enough. Life is short and many people I know died with a lot of money on their bank account. On the other hand the pandemic teaches us how the whole world can get fucked in a short period of time etc and there are always crises... One would need some saved money to be responsible etc.

 

What do you guys think? 

Posts: 16442
0 votes RE: How much money does one...

I moreso struggle with allowing myself to get things I'd want rather than need. 

I pretty much treat every dime as 'savings', save for the occasional videogame when it's on sale. 

Ę̵̚x̸͎̾i̴͚̽s̵̻͐t̷͐ͅe̷̯͠n̴̤̚t̵̻̅i̵͉̿a̴̮͊l̵͍̂ ̴̹̕D̵̤̀e̸͓͂t̵̢͂e̴͕̓c̸̗̄t̴̗̿ï̶̪v̷̲̍é̵͔
Posts: 822
0 votes RE: How much money does one...

10k is a good standard for security imo

Posts: 41
0 votes RE: How much money does one...

Always have at least 5k in emergency fund and ~20k for base.

columbine is pretty cool i guess
Posts: 4
0 votes RE: How much money does one...

I'll tell you a secret which I found with my 147 iq

If you have 50k and write covered calls (which is completely 100% risk free) you could make 1k-5k per month in passive income. And if you invest in derivatives you make even more on top of the covered call.

Youre welcome you all have been blessed with the road to riches.

To write a covered call all you need is 100 shares of said stock.  So typically start with as little as $1500 to make passive income.

If you're 147 iq like me you'll make millions of day trading

 

Posts: 2
0 votes RE: How much money does one...
ddddddd said: 

I asked this a friend of mine he said 4 months of rent + same money for food. For when shit hits the fan. I have much more in savings. I wonder if I am saving too much and I am not hedonistic enough. Life is short and many people I know died with a lot of money on their bank account. On the other hand the pandemic teaches us how the whole world can get fucked in a short period of time etc and there are always crises... One would need some saved money to be responsible etc.

 

What do you guys think? 

 lmao stfu with all your fishing to get personal info. on people to use later. Dumb cunt. 

6 posts
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