Anonymous
Post 02/23/2018 22:28     Subject: What's the least amount you'd feel comfortable having in liquid assets?
Anonymous wrote:Ha, when we bought our house we were literally down to three figures in our account. Bought all of our furniture and did home improvements on zero-interest credit card offers that we didn't have to pay off for a year, putting us in five-figure debt. All paid off on time, house has appreciated greatly and we never could have afforded in this neighborhood otherwise.


Yup! ‘Savings after down payment’ bwahaha.

We did buy new construction, though... so we were under warranty for a year.
Anonymous
Post 02/23/2018 22:23     Subject: What's the least amount you'd feel comfortable having in liquid assets?
Ha, when we bought our house we were literally down to three figures in our account. Bought all of our furniture and did home improvements on zero-interest credit card offers that we didn't have to pay off for a year, putting us in five-figure debt. All paid off on time, house has appreciated greatly and we never could have afforded in this neighborhood otherwise.
Anonymous
Post 02/23/2018 22:23     Subject: What's the least amount you'd feel comfortable having in liquid assets?
Anonymous wrote:Bare minimum 6 months expenses.


+1. Which for us is about 12k=72k.
Anonymous
Post 02/23/2018 22:16     Subject: Re:What's the least amount you'd feel comfortable having in liquid assets?
Anonymous wrote:Two years of expenses


That's crazy. I mean, yes, that would be ideal, but no one has two years of expenses in savings except the 1%
Anonymous
Post 02/23/2018 22:14     Subject: What's the least amount you'd feel comfortable having in liquid assets?
Bare minimum 6 months expenses.
Anonymous
Post 02/23/2018 22:13     Subject: What's the least amount you'd feel comfortable having in liquid assets?
20k if you have stable, gov sort of jobs

50k if there's any chance you could lose a job
Anonymous
Post 02/23/2018 21:43     Subject: What's the least amount you'd feel comfortable having in liquid assets?
Ha

Payday with some overtime was today

13k in checking and I'm ecstatic
Anonymous
Post 02/23/2018 21:43     Subject: What's the least amount you'd feel comfortable having in liquid assets?
$50K
Anonymous
Post 02/23/2018 21:42     Subject: Re:What's the least amount you'd feel comfortable having in liquid assets?
Two years of expenses
Anonymous
Post 02/23/2018 21:42     Subject: What's the least amount you'd feel comfortable having in liquid assets?
5k? We regret savings at 3-4K a month, but that's how low we got when we bought our house. If we'd ran into issues, our parents would have loaned us money.
Anonymous
Post 02/23/2018 21:41     Subject: What's the least amount you'd feel comfortable having in liquid assets?
50k
Anonymous
Post 02/23/2018 21:40     Subject: What's the least amount you'd feel comfortable having in liquid assets?
$100K or more, $50K minimum... it depends on how much your mortgage is and how stable your jobs are. You want to make sure you can cover expenses and emergencies. A new roof or HVAC can be $10K.
Anonymous
Post 02/23/2018 21:33     Subject: What's the least amount you'd feel comfortable having in liquid assets?
Since my cars are fairly new 5k would cover my emergencies but I would save up more pronto.
Anonymous
Post 02/23/2018 21:31     Subject: What's the least amount you'd feel comfortable having in liquid assets?
25k
Anonymous
Post 02/23/2018 21:26     Subject: What's the least amount you'd feel comfortable having in liquid assets?
After spending a large portion of savings on a down payment and closing costs, what's the least amount of money you'd be comfortable having leftover in savings? Assume you won't grow the savings too quickly but do have a comfortable amount for retirement that you're not touching. Mid-30s couple with two kids.