What's in your savings?

[Baja28]

Originally Posted by CrashTest

I keep enough to live on for about 8 months. I think any more is unwise since NFCU is now paying a whopping 0.40% on savings.

There are better vehicles to set your $$ in than a $.40% savings account.

Originally Posted by Christy

Will you marry me?

I just got my NFCU dividend so I think I'm up to about twelve cents.

Why get married when we can just shack up?

[Sonsie]

Originally Posted by vraiblonde

I have interest phobia, so I keep enough in savings to pay for anything major that might happen - new roof, car goes kerflooey, whatever. Every extra penny I have goes into paying off my mortgage (that interest phobia thing).

I wanted to do that with "extra" money but our money manager explained why it wasn't in our best interests to do so. It was a lengthy conversation that made sense at the time. It had to do with making more in investments as a percentage than you would be saving by paying off your mortgage early. Tax deductions We decided to listen to the guy since we are actually paying him to manage our investments.

[HonkeyCat]

Originally Posted by muttdog

Sugarmomma.

Where does one find one of those. I've never dated a woman that had two nickels to rub together.

[Sonsie]

Originally Posted by HonkeyCat

Where does one find one of those. I've never dated a woman that had two nickels to rub together.

Stay away from the clubs and look for one that is actually a responsible grown up and has a job maybe?

[vraiblonde]

Originally Posted by Sonsie

I wanted to do that with "extra" money but our money manager explained why it wasn't in our best interests to do so. It was a lengthy conversation that made sense at the time.

I've had that same conversation with money people, including my husband and Dad. But there's that phobia thing that I can't get past. It pisses me off to see how much interest I'll pay on my house, and excites me to think how much interest I save by making extra principle payments.

[vraiblonde]

Originally Posted by HonkeyCat

Where does one find one of those. I've never dated a woman that had two nickels to rub together.

If you're young and cabana boy cute, you should be able to hook up with some old broad with money, easy.

[Baja28]

Originally Posted by vraiblonde

If you're young and cabana boy cute, you should be able to hook up with some old broad with money, easy.

Just PM him your address already.

[Sonsie]

Originally Posted by vraiblonde

I've had that same conversation with money people, including my husband and Dad. But there's that phobia thing that I can't get past. It pisses me off to see how much interest I'll pay on my house, and excites me to think how much interest I save by making extra principle payments.

That would feel good to me as well. I refuse to part with my big chunk of cold had cash in the bank though. I told hubby I want to be able to go to the bank and walk out with my load and fly/drive where ever the hell I want to and have enough to hide out for a while.

[CrashTest]

Originally Posted by vraiblonde

I have interest phobia, so I keep enough in savings to pay for anything major that might happen - new roof, car goes kerflooey, whatever. Every extra penny I have goes into paying off my mortgage (that interest phobia thing).

[ginwoman]

Originally Posted by Sonsie

I wanted to do that with "extra" money but our money manager explained why it wasn't in our best interests to do so. It was a lengthy conversation that made sense at the time. It had to do with making more in investments as a percentage than you would be saving by paying off your mortgage early. Tax deductions We decided to listen to the guy since we are actually paying him to manage our investments.

Our investor guy told us the same thing! I am still adding an extra $25 per payment. Not much, I know, but every little bit helps.