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2006-07-25 17:34:29 · 5 answers · asked by Anonymous in Social Science ➔ Economics
I would like to save at least $20 but I am usuallly always in the hole waiting for the next check.
2006-07-25 17:38:41 · answer #1 · answered by Elwood 4 · 0⤊ 0⤋
About 15% goes to a high-yield savings account.
About 10% goes to retirement savings.
Once I reach a sufficient threshold, I put funds from the savings account into treasurys - you can buy 28-day, 61-day or 181-day T-bills online, and these generally beat any comparable-term CD you'll find by 80 to 100 basis points. It's not FDIC insured, but these are short-term debt obligations that the Federal government has to make good on (if they didn't it'd be the end of the international monetary system as we know it).
I also have a small day-trading account that I use to purchase and hold securities for the long-term, but I keep very little in there.
2006-07-26 02:26:27 · answer #2 · answered by Veritatum17 6 · 0⤊ 0⤋
If include 401k , employee stock and other saving all together is about $400.every paycheck will be different a little base on your income.
2006-07-25 17:46:52 · answer #3 · answered by Anonymous · 0⤊ 0⤋
between $75 - $125 per pay check...it depends on my bills for the month, especially the electricity
2006-07-25 17:38:14 · answer #4 · answered by Kristina B 3 · 0⤊ 0⤋
20%
2006-07-26 11:08:56 · answer #5 · answered by merdenoms 4 · 0⤊ 0⤋