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Have you had any money saved? What is your process when it comes to saving money? What kind of investments did you do with your savings?

Comments
  • 1
    @rutee07 that's a quite nice plan you got there! Don't you have health insurance?
  • 0
    @rutee07 is that so?
  • 5
    -stash invest ($70/wk)
    -savings from paychecks ($100-300 biweekly, but I frequently have to pull a small portion back out because I was too aggressive).
    -4% of pay into IRA (employer adds another 4%)

    I almost have a whole 2 week paycheck in my immediate savings account.

    Saving is harder with kids
  • 0
    @steaksauce what's stash invest???
  • 3
    You can invest small amounts ($5 or so) in various ETFs, stocks, bonds. I'll shamelessly give you a code that gives you (and me) $5 for signing up

    Edit: you may have to be in US for it
  • 2
    9% into 401K, employer adds another 9%
    Profit sharing account.
    Acorns investment
    Fidelity brokerage account, but I practically emptied it to help out my kids. Hoping they'll remember their poor ol' Da in years to come.
    About $300.00/month into savings
    I have about 1.5 months expenses saved. Need to build to 6 months, but life happens and taking care of fam comes first, so it has stagnated at 1.5 months.
  • 3
    9% match @iAmNaN ???
    Get me a job there
  • 3
    @steaksauce yeah, plus profit sharing, which is about another 8% to 10% depending on the year. That plus twenty years enlisted in the military, I'm hoping I won't be living on the street in my old age.
  • 2
    @iAmNaN I think you're set since you're not relying on social security
  • 2
    @steaksauce yeah, I figure social security is lost money, so I'm really not depending on it.
  • 3
    I usually do, except lately I had a spending spree. Setting up my apartment.

    Thin month should be the first one back on normal track, meaning I should be able to save 20-25% of my salary

    apart from that I use hi-risk investment funds, which are barely a profit. At least covers inflation..
  • 3
    I get 8% of salary to a pension fund.
    I spend around 50% of my salary on monthly expenses. The rest I save up. Once per year I invest 1-2 months in shares and bonds. Whatever is left, I spend on travelling.
  • 4
    I bought a Nintendo switch
  • 0
    @Nanos thanks man!
  • 0
    @Nanos 2 years ago I had no any saving because I spend my salary in home expenses and other in shopping But I was worried about my savings and I can't leave my shopping activity because I love it! My sincere friend suggest me to shop with using discount and coupon codes then you can able to save money. So I started using coupon codes from EMUCoupon and now I'm able to save money from my salary and I have good savings.
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