Accidentally left bank account receipt with teacher

[Anonymous]

I think it’s not a rich people thing because people who do that want to have significant cash on hand in case there’s a big expense etc. they’re not as liquid overall. Obviously they’re not hurting, they’re just not rich enough to have that money locked away untouchable elsewhere.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My son has a private tutor and I was thumbing through my purse and accidentally left my checking account receipt on the floor. It must have dropped out of my purse. Statement showed 50k balance. Teacher gave it to me this week. I’m was a little embarrassed. Do a lot of folks in wealthy areas keep 50k in checking?

No, the truly wealthy do not keep it in a checking account. The “I’ve never had $50k before” people do.

Agreed. That’s a lot of money to have to fight to get back if someone hacks your account.

I keep enough to pay bills, and my savings isn’t linked to my checking.

I keep $50k in my checking only to pay my bills, too.

[Anonymous]

Who even goes to bank nowadays or even gets a receipt? did you add $10k in case $40k wasn't enough?
Post the pics of the receipt or it didn't happen.

[Anonymous]

Anonymous wrote:I think it’s not a rich people thing because people who do that want to have significant cash on hand in case there’s a big expense etc. they’re not as liquid overall. Obviously they’re not hurting, they’re just not rich enough to have that money locked away untouchable elsewhere.

+1 I'm a teacher, and I have 65k in my checking account. It isn't ideal, and I won't go into the reasons, but if I were wealthy, it wouldn't be this way.

So no, I wouldn't think anything of your statement, OP, except MAYBE that you aren't independently wealthy after all (if I had originally thought this).

This is not a big deal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My son has a private tutor and I was thumbing through my purse and accidentally left my checking account receipt on the floor. It must have dropped out of my purse. Statement showed 50k balance. Teacher gave it to me this week. I’m was a little embarrassed. Do a lot of folks in wealthy areas keep 50k in checking?

No, the truly wealthy do not keep it in a checking account. The “I’ve never had $50k before” people do.

Agreed. That’s a lot of money to have to fight to get back if someone hacks your account.

I keep enough to pay bills, and my savings isn’t linked to my checking.

Hopefully that’s what she thinks thanks. I only took the receipt because I had deposited checks from the ATM. I threw the receipt in my purse and was careless yes.

[Anonymous]

We are not wealthy and have twice that in our account.

[Anonymous]

I think it's weird that she held on to the receipt and gave it back to you.

[Anonymous]

Anonymous wrote:I think it's weird that she held on to the receipt and gave it back to you.

Why? Conscientious people return other people’s property.

[Anonymous]

I'm a teacher and have about $150 in my checking account until my next pay day on 12/14. I think posters are a bit out of touch if they think most people have that kind of money sitting around in a checking account. Isn't the average annual salary in the U.S. just above that amount?

[Anonymous]

Anonymous wrote:

Anonymous wrote:My son has a private tutor and I was thumbing through my purse and accidentally left my checking account receipt on the floor. It must have dropped out of my purse. Statement showed 50k balance. Teacher gave it to me this week. I’m was a little embarrassed. Do a lot of folks in wealthy areas keep 50k in checking?

No, the truly wealthy do not keep it in a checking account. The “I’ve never had $50k before” people do.

I’m one of those and no I don’t. My money is working all the time, I draw down as needed.

[Anonymous]

I have a few hundred dollars, OP.

My parents always have a lot, because they're the anxious "what-if-anything-happens" type.

It has precious little to do with overall assets, I can tell you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A lot of wealthy folks don’t keep $50k in checking because they know it’s dumb to keep $50k in checking.

I’d wonder why you don’t have it in an interest bearing account.

+1

+100

[Anonymous]

Anonymous wrote:I'm a teacher and have about $150 in my checking account until my next pay day on 12/14. I think posters are a bit out of touch if they think most people have that kind of money sitting around in a checking account. Isn't the average annual salary in the U.S. just above that amount?

A friend is a loan broker so she sees a lot of financial information across her desk. She says most people don't have this kind of money sitting in a bank acount.

[Anonymous]

Anonymous wrote:My son has a private tutor and I was thumbing through my purse and accidentally left my checking account receipt on the floor. It must have dropped out of my purse. Statement showed 50k balance. Teacher gave it to me this week. I’m was a little embarrassed. Do a lot of folks in wealthy areas keep 50k in checking?

I think a 50k checking account is better than a flashy Chanel handbag some parents are carrying.

[Anonymous]

This is so fake. Who would be embarrassed about a $50k balance. FDIC limits are $250k per account, I assume most people keep about that much in checking, just for spare change and paying monthly bills. Why would the teacher care that you only had $50k.