2006-11-15 18:21:27 · 8 answers · asked by jaimi 1 in Business & Finance ➔ Personal Finance
No. When it comes to money, there is never enough.
Remember, whichever way the economy goes, the best possession to have is a loaded FDIC bank account. Plasma TVs and loud stereos don't hold a candle to savings accounts when the electric bill gets turned off.
Always save a percentage of your earnings for you and your future. And invest a portion into income generators (real estate, stocks, or your own business.) Good luck and may you prosper.
2006-11-15 18:31:43 · answer #1 · answered by Boomer Wisdom 7 · 1⤊ 0⤋
There's never enough. You are doing alot better than most, but I believe the standard minimum is 3 months of income.
2006-11-15 18:30:48 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It is liquid enough for a few days.
2006-11-15 19:03:45 · answer #3 · answered by Michael 1 · 0⤊ 0⤋
I wouldn't stockpile 8 grand of booze man.
2006-11-15 18:23:50 · answer #4 · answered by Starguru 2 · 1⤊ 0⤋
i believe wise economists say to have 6 months reserve
yeah - right!
2006-11-15 18:23:16 · answer #5 · answered by tomkat1528 5 · 0⤊ 0⤋
No, you should have a minimum of $15,000
2006-11-15 23:50:34 · answer #6 · answered by Anonymous · 0⤊ 0⤋
no
2006-11-15 18:23:44 · answer #7 · answered by ? 7 · 0⤊ 0⤋
No.
2006-11-15 18:22:27 · answer #8 · answered by Anonymous · 0⤊ 0⤋