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| Home Base A starting point, and place for threads don't seem to belong anywhere else |
| View Poll Results: What's your comfort level? How low can your account go before you are broke? | |||
| Less than $50. |
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8 | 32.00% |
| Less than $250. |
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7 | 28.00% |
| Less than $1000. |
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5 | 20.00% |
| Less than $2500. |
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0 | 0% |
| Less than $5000. |
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1 | 4.00% |
| Less than $10,000. |
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3 | 12.00% |
| Less than $20,000. |
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0 | 0% |
| Less than $50,000. |
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0 | 0% |
| Less than $100,000. |
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0 | 0% |
| Less than $250,000. |
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1 | 4.00% |
| Voters: 25. You may not vote on this poll | |||
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#20 |
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Doctor Wtf
Join Date: Oct 2007
Location: Badelaide, Baustralia
Posts: 12,861
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As the rich Tomcat said ... If I ain't broke, don't fix me.
Actual numbers are hard to give because so many things vary. I have no dependants and no mortgage, so I don't need so much. To be not broke I require: * some kind of dependable income that equals or exceeds my minimum needs. * at least one pay-period worth of money in the bank at the end of each pay period as "padding" or insurance against cashflow interruptions. * some kind of savings against sudden needs - fixing the car, etc. Being unable to save for retirement etc does not count as broke. Being forced to dip into savings and investments for unexpected bills is a danger sign but it does not count as broke. Dipping for living expenses is an alarm bell but does not count as broke. Right now I am doing better than ever before in my life, but the further I get from broke, the greater aversion I seem to have towards it. When I was young, a few hundred left over in the account the day before payday seemed like plenty. Nowadays I want a few thousand. And I always have a stash of long-life food in a cupboard somewhere.
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Shut up and hug. MoreThanPretty, Nov 5, 2008. Just because I'm nominally polite, does not make me a pussy. Sundae Girl. |
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