How much do you keep in your savings account?

[bestwriter]

Whatever payments one received they first to to the savings account A decision is later taken on how much of that money goes towards investment and that is how it should be How much money do you keep in your savings account that is used for spending?

 

[nomad]

I do not continuously put my money in saving accounts, once it builds up I move it to fixed deposit account or invest in assets

 

[Stardom22]

For me l have tried to keep as little as 10% of the earnings that l receive everytime.

 

[bestwriter]

I do not continuously put my money in saving accounts, once it builds up I move it to fixed deposit account or invest in assets

Since I do not have an emergency fund I have a good amount in my savings

 

[Bisolami]

For me l have tried to keep as little as 10% of the earnings that l receive everytime.

I always save 50% of my income to my savings account. At the same time , I have a crypto account where I usually save some little amount of money too

 

[Sanjeev]

Whatever salary I get from my job is kept in my saving account and as most of the payment I do online I don't require to withdraw money from my saving account.

 

[Suba]

I don't save much money in my savings account, it's useless and I will lose money because the bank doesn't give interest on savings, so I only have a little money (no more than $500) saved just for transactions.

 

[Sanjeev]

Yes, the interest on saving is very less but we cannot withdraw or invest while money, as won't be able to use it when have an emergency. Withdrawing all money is a risk as it may be stolen.

 

[Bisolami]

Whatever salary I get from my job is kept in my saving account and as most of the payment I do online I don't require to withdraw money from my saving account.

All the money I make online is what I spend and all the money I make offline is what I always use to reinvest into my business. I’d change the plan very soon though

 

[Fidelia]

For me, I don't send money to my savings account before deciding how to spend it. I have a budget for savings from every penny that comes in per time.

 

[Etini Willie]

I always throw in $5 into my savings account every week and only remove it when it is enough for a project.

 

[You]

I aim to save 3-6 months' worth of living expenses in my savings account. It's my emergency fund, and I feel secure knowing I've got a cushion in case unexpected expenses arise.

 

[Sanjeev]

I aim to save 3-6 months' worth of living expenses in my savings account. It's my emergency fund, and I feel secure knowing I've got a cushion in case unexpected expenses arise.

That's the good way to calculate how much money we should keep in our saving account.

 

[You]

That's the good way to calculate how much money we should keep in our saving account.

Every person should keep at least $100 to $200 in their savings accounts. because no one knows what emergency comes suddenly.

 

[Sanjeev]

I have more than $2000 in my bank account and I think it's always safe to have some good amount of money in your bank account

 

[Hate2Wait]

It's best to have a decent enough amount in our savings account that we can withdraw anytime we want as there can be many emergencies in life

 

[freelancermaria]

I do not follow a consistent monthly savings plan because my income differs from month to month.

 

[Starmix]

I do not like to disclose my savings. I have huge savings from my property rent and business profit apart from my salary.

 

[Hate2Wait]

It will be different for different persons and we should have more than the emergency fund because its that account which we will use in need

 

[eldavis]

I do not have a specific amount I keep in my savings account. I just try my best to save what I can each time.