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Reply to "Family of 5, appx $300K HHI - would you do anything different? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP again - everyone is being very helpful. What is a normal amount of cash to have in your bank checking? I probably have a higher amount (but dwindling). For example would you balk at $50K. What do you all have? [/quote] If you are averaging 50k in checking month in and month out, the whole premise of your initial post [b]" I feel like we are hemorrhaging cash"[/b] is completely false. That is not to say that you might not be able to better manage and track your expenses but with that amount on hand, you're not hemorrhaging - not even close. [/quote] Well that’s what I meant by dwindling - it used to be more than that, fwiw. I meant hemorrhaging by flying out and not stopping and I’m trying to stop that. Everyone is helping me though !!! Thanks again [/quote]
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