View Poll Results: Do you save money?

Voters
68. You may not vote on this poll
  • I save money

    55 80.88%
  • I don't save money

    13 19.12%
Page 5 of 10 FirstFirst ... 34567 ... LastLast
Results 41 to 50 of 100

Thread: Do you have money saved?

  1. #41
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    05-23-17 @ 04:58 PM
    Gender
    Lean
    Conservative
    Posts
    55,635

    Re: Do you have money saved?

    Quote Originally Posted by Cardinal View Post
    Yes, I have a couple years of rainy day funds saved up. Retirement's another matter, and I'm saving money far too slowly for that. It's a little concerning.
    Maybe take one of those years worth of rainy day funds and put it towards retirement?
    “In America we have a two-party system,” a Republican congressional staffer told a visiting group of Russian legislators. “There is the stupid party. And there is the evil party. I am proud to be a member of the stupid party. Periodically, the two parties get together and do something that is both stupid and evil. This is called: bipartisanship."

  2. #42
    Teacher of All Things


    Josie's Avatar
    Join Date
    Mar 2010
    Last Seen
    @
    Gender
    Lean
    Libertarian - Right
    Posts
    26,475

    Re: Do you have money saved?

    Quote Originally Posted by Lachean View Post
    I'll start saving money when I am out of student loan debt. Every extra dollar goes to getting out of that hole.
    Been there, done that. It feels SOOOO good when it's gone.

  3. #43
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    05-24-17 @ 11:43 PM
    Gender
    Lean
    Independent
    Posts
    23,202

    Re: Do you have money saved?

    Quote Originally Posted by Declan View Post
    I have some stocks that can be cashed in in a matter of 4 business days and wired into my account; I have close to 60% equity in my house (thanks to a fantastic deal on a foreclosed property even as far as foreclosed property goes); I get an annuity check every month that covers the mortgage; and two rent checks every month that covers most of the other household recurrent expenses like utilities/telephone/internet. I do have a saving account with about $1K in it and I pool money into my business accounts until the end of the year because my income is rather seasonal with those. I do not subscribe to the philosophy that people should have a lot of cash on hand though because that is wasted money given today's interest environment. Money should be invested, not saved, unless you want to be a wage slave all your life.
    Absolutely.

    Every penny of my "savings" is invested in one way or another. Either in my home, or my commercial property, or my business, and just a tad in the stock market.

    My business is also season, I basically starve for income during the winter, but I have enough revolving credit that I live on credit until spring, at which time I start to repay my revolving credit accounts.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  4. #44
    Teacher of All Things


    Josie's Avatar
    Join Date
    Mar 2010
    Last Seen
    @
    Gender
    Lean
    Libertarian - Right
    Posts
    26,475

    Re: Do you have money saved?

    I save money all school year for the summer (when I don't get a paycheck from the school district). I'm the nerd who has spreadsheets set up for repaying debt and saving money. I'm also a planner, so I have my financial life planned a year in advance, including an emergency fund just in case.
    Last edited by Josie; 03-31-15 at 10:44 PM.

  5. #45
    Guru
    Declan's Avatar
    Join Date
    Nov 2014
    Last Seen
    03-03-17 @ 03:36 PM
    Gender
    Lean
    Progressive
    Posts
    4,670

    Re: Do you have money saved?

    Quote Originally Posted by Josie View Post
    I save money all school year for the summer (when I don't get a paycheck from the school district). I'm the "nerd" who has spreadsheets set up for repaying debt and saving money. I'm also a planner, so I have my financial life planned a year in advance, including an emergency fund just in case.
    Does your school system not have the option of spreading your pay over 12 months? Ours does. When I point that out to teachers who complain about not getting paid in summer they act put upon because that would mean they would get paid less during the months they are working. With them, there is no acceptable response other than "teachers are such victims" despite their starting pay with a bachelor's being about $10K higher than the local median wage to begin with.
    If I blow the conch and they don't come back; then we've had it. We shan't keep the fire going. We'll be like animals. We'll never be rescued.

  6. #46
    Teacher of All Things


    Josie's Avatar
    Join Date
    Mar 2010
    Last Seen
    @
    Gender
    Lean
    Libertarian - Right
    Posts
    26,475

    Re: Do you have money saved?

    Quote Originally Posted by Declan View Post
    Does your school system not have the option of spreading your pay over 12 months? Ours does. When I point that out to teachers who complain about not getting paid in summer they act put upon because that would mean they would get paid less during the months they are working. With them, there is no acceptable response other than "teachers are such victims" despite their starting pay with a bachelor's being about $10K higher than the local median wage to begin with.
    Yes, we do. I choose to get paid for 9 months instead of 12.

  7. #47
    Guru
    Declan's Avatar
    Join Date
    Nov 2014
    Last Seen
    03-03-17 @ 03:36 PM
    Gender
    Lean
    Progressive
    Posts
    4,670

    Re: Do you have money saved?

    Quote Originally Posted by Josie View Post
    Yes, we do. I choose to get paid for 9 months instead of 12.
    Then part of your spreadsheet nerd decision-making should be that by choosing to get paid over 9 months instead of 12 likely leads to more money being deducted from your paycheck and sent to uncle sam to borrow interest free.
    If I blow the conch and they don't come back; then we've had it. We shan't keep the fire going. We'll be like animals. We'll never be rescued.

  8. #48
    A grand violation

    Cardinal's Avatar
    Join Date
    Jun 2008
    Last Seen
    @
    Gender
    Lean
    Undisclosed
    Posts
    29,787

    Re: Do you have money saved?

    Quote Originally Posted by cpwill View Post
    Maybe take one of those years worth of rainy day funds and put it towards retirement?
    Yyyyeah, there is that. It's a mentality I'm fighting and I know is not helping me: artists have an incredibly inconsistent income, and just getting rid of one of those years of rainy day income, regardless of how logical it is from an outside perspective, is really really emotionally hard to do.

  9. #49
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    05-11-17 @ 05:29 PM
    Gender
    Lean
    Moderate
    Posts
    17,661

    Re: Do you have money saved?

    Quote Originally Posted by Montecresto View Post
    It was a joke dude.
    so was my response....
    But it does happen. Old widower across the street, 90 years old, and his kids rarely visit him. All live fairly close, so that isn't the reason.
    The old guy has a live in girl friend, in her early 80's. Hmmm, wonder what might happen there?
    Oracle of Utah
    Truth rings hollow in empty heads.

  10. #50
    User
    Join Date
    Apr 2015
    Last Seen
    @
    Gender
    Lean
    Very Conservative
    Posts
    25

    Re: Do you have money saved?

    I have savings.

    Not in dollars. Dollars have become a risky savings device; risky since the DemocRats are pumping trillions in printed-up dollars into the system to inflate the currency and devalue what money is legitimately out there.

    My savings are in something else. I could live for about ten years on it...I'm not overly worried. I've taken care of myself as best I can; the rest is out of my hands.

Page 5 of 10 FirstFirst ... 34567 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •