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Reply to "I'm addicted to saving"
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[quote=Anonymous]As soon as I found out I was pregnant 2 years ago I decided to aggressively pay off my debt. DC is now 15 months old and I'm proud to report that very recently I paid off all of my debt. Now I have begun to aggressively save. My salary is $70K and I am able to save about $3,000 per month. I just started a few months back and now have $11K in my saving account. I will turn 30 this year and this is the most money that I've ever had. I grew up poor so this is a vast difference. I just transferred $3K into my saving account today in fact. I'm scared though because let's say that I stick to the plan and continue to put away $3000 per month. At what point do I stop? Once I've amassed a sizeable chunk...let's say $50K for example what do I do with this money? It just feels weird that I am aggressively saving this money and that I DON'T want to spend it. It's kind of like a statue sitting in the foyer looking pretty. I love checking my bank account and seeing this money there. Do you have any suggestions on ways that I can invest this money or other things that I can do with it as opposed to just leaving it in the savings account sitting pretty?[/quote]
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