Do you regularly put money into a savings account? (UQ)
Not as much or as often but we still do it
$70 every pay day. its there for unexpected expenses like car repairs etc.
wow, time to grow up! Want to be living off welfare?
Pay yourself first! I put 10% into savings immediately. Even 10% of my birthday money gets saved. Teaching my daughter to do the same. She earns about $45/week and she saves $4.50. She is learning that a little bit quickly adds up...and doesn't even miss $4.50 a week!
I also regularly take it out...
What is this called? It would be great.
Sorry wrong line!
Of course I did open a Key account and got an iPod touch and a Chase account and got $125. I think it worked out to be like 100% interest but who's keeping track.
Yeah, you're right. Florida central credit union dropped their rate at the end of October from 4.09% to 3.25%. Sorry I should looked again before posting. Consumers Credit Union has checking at 3.09% if that is good enough.
I have a checking account, but I need to invest some soon
I have found that the term "regularly" is relative.
I would love to. But after the mortgage, utilities, insurance, and student loans there is just enough to buy some Ramon for dinner. I shudder to think of a scenario where I have to buy a car. I have learned to be a mechanic out of necessity.
But it just keeps coming right out again.
jbarNC, that's just dumb.
Americans need to stop spending every single penny they earn.
Only in my 401K
The bible days not to worry about tomorrow, so I am not going to worry about putting money into a savings account when I could die tomorrow and when I need the money today !!! Just sayin
401k, 529, regular ole emergency fund, vacation fund, car fund, etc
Half of every birthday and half of every christmas
I put half my pay in every payday.
I read a study this summer that talked about this. 25% of Americans do not have any savings or emergency fund. Out of 18-29 year olds; 35% have none.
So, an overwhelming amount do not have any savings.
Wow. There's a lot of people that said "no"...isn't this a basic segment of a household budget? Even if you're putting away $10 per week, in a year that's $520. What if you get a flat tire, or a clogged drain? You should at least have a Dave Ramsey style "emergency fund" of $1000+ ...be responsible!
Um who offers this?!
I'd prefer to be more consistent in making regular week-to-week deposits, but I stay more focused on feedin' the 401K. My problem with $aving$, is that I think I require and deserve everything I see but don't need. It's hard bein' fiscally good gonzoboy!
Yes we have several accounts. One with 1 years worth of living expenses. One for emergencies. One for each of the three kids, easier to keep track of what they are spending money on that way, and the two we use for living.
I would if I had extra money!
Just as regularly as I take money out of it :(
There is no checking account out there were you can really get a 4% interest rate
Not as regularly as I take money out!
I try to put 30% in every month, but it usually works out to 10-20%, as working for a non-profit and owning a small business doesn't lend itself to large account balances...
I don't. My husband does, I think. He took the checkbook from me because I was spending too much. I don't mind, less stress for me and I shop less since I don't know how much money we have.
Do it playa!
I put in 25% every month. Even though I'm set, I live off my income to look better and to feel better.
I stopped after a while. I did when I had a part-time job and then my grad money was put in there but after that nothing really big.
The question should be: do you regularly take money out of savings account?
I signed up for a program that every time I use my card it rounds up to the nearest whole dollar and applies the difference to my savings account.
I never miss the "spare change" but it adds up to allot over time.
I then invest at the end of the month.
Yes a minimum of 30 a week automatically moved from account. Normally try to save my entire 2nd paycheck as well.
Unfortunately, I also regularly take it out...
Why a savings account when there are a few high interest checking options out there? I'd rather make 2 to 4% on my money than what most savings accounts pay!
$50 every month. It's not much but it's still saving for my future!
We auto deposit one of our paychecks into savings, and live off the other paycheck.
Got cc debt for first time in life cuz had to spend and haven't been saving since I last spent all my savings. I feel like I'm keeping this economy afloat all by myself!
Should be back on top and saving again prolly sometime shortly after Xmas :)
$100 a week
No I invest in other things like guns, ammo, and gold
Yes, I have "keep the change" from
b.of a. After every transaction a percentage goes into saving acc but I regularly have to dip into it
Occasionally, but not regularly into a savings account with a Credit Union. Most "spare" cash goes into accounts for making money, TradeKing, DRIPs, etc.
Each paycheck and I put some in an IRA.
Regularly take it out, too!
What money? Gas prices, rising utilities, rising property taxes all on a fixed income!