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Reply to "How much do you keep in your checking account?"
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[quote=Anonymous][quote=Anonymous]You people are all insane. $1K or $3K in your checking account?! I never go below $25,000. First of all, I’m a business owner so my income comes in irregular amounts. Second, whenever my rental property has turnover, I need thousands to cover my payments until the new tenant is found. Third, there’s always something that needs to be done with either the house or car. And I don’t even have kids, so that’s a huge source of surprise expenses off the table for me. I don’t get you weirdos – do you sell stocks any time some appliance in your house breaks? [/quote] Uh, there are other places to store cash besides checking accounts. Like savings accounts for one.[/quote]
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