How low do you let your bank account go?

[Anonymous]

Anonymous wrote:We keep most of our money in our checking account. I know this is stupid. So there is like $130-$150k usually. Last time it was low was when we bought a house - think we got below $10k but quickly rebounded.

So what if you keep 130-150k in your checking account? You're still better at managing your money that plenty of others. Plenty of people don't have 130-150k anywhere.

[Anonymous]

100, I move everything else to savings after I pay the bills.

[Anonymous]

<$1.00. I do have an overdraft LOC associated.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m kind of a moron - and I have $30k that I am theoretically saving in my checking. I’m about to put $20K in something that earns more interest. I’m leaving $10K in because I’m a moron and don’t always know what we have automatically paying out of it and I don’t want to over draw it

You're not a moron at all. You do whatever you feel comfortable with.

I put $40k in a checking acct earning no interest. I’m terrible at remembering to pay bills on time or put money in so all of our bills are auto paid. There are so many nickel and dime bills on top of the big ones, this gives me peace of mind so it’s worth it.

[Anonymous]

$20k. WE pay $10k/month for mortgage, and credit card bills come in at $10-20k/month, so there can be some big outlays.

[Anonymous]

I generally keep at least $15 k. Our credit card bills are often $5 to $15k.

[Anonymous]

This is DCUM, so $5 million

[Anonymous]

$50k but I have irrational anxiety about money and I know this

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m kind of a moron - and I have $30k that I am theoretically saving in my checking. I’m about to put $20K in something that earns more interest. I’m leaving $10K in because I’m a moron and don’t always know what we have automatically paying out of it and I don’t want to over draw it

You're not a moron at all. You do whatever you feel comfortable with.

I put $40k in a checking acct earning no interest. I’m terrible at remembering to pay bills on time or put money in so all of our bills are auto paid. There are so many nickel and dime bills on top of the big ones, this gives me peace of mind so it’s worth it.

I’m so glad I’m not the only one. Silly, neurotic, whatever - but I’ve had checks bounce because I wasn’t watching my balance, and I don’t want it to happen again.

[Anonymous]

Ours goes from $34K to $22K throughout the month. I get uncomfortable at $18K.

FWIW we're in our late 50's so our earnings are higher.

[Anonymous]

$10k minimum. We have bills on auto-pay and credit card bills regularly get above $5K.

[Anonymous]

$3-4000.

[Anonymous]

$30k

[Anonymous]

About $500

[Anonymous]

If it doesn't drop below 0, it's a good month. I wish it was more but teaching doesn't pay enough especially in expensive areas like this. Inflation is also a problem these days. A trip to the grocery store is depressing.