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/biz/ - Business & Finance

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55397653 No.55397653 [Reply] [Original]

How much money should one have liquid?(in the bank)

>> No.55397659

All of it

>> No.55397672

>>55397653
3-6 months expenses if you're a regular employee. If you're self-employed or it would be harder for you to get a job then maybe more.

>> No.55397703

>>55397653
I keep 10k semi liquid. It's in a term investment with the bank but I can break into it in an emergency

>> No.55397726

>>55397653
I try to maintain 10k. When it builds up higher than that I invest it in stocks or bonds

>> No.55397784

I have $15k in checking and $80k in some autistic assortment of HYSA and t-bills. $200k in crypto.

>> No.55398055

>>55397653

6 - 12 months expenses.

>> No.55398120

>>55397653

Emergency savings you should keep up to 10k-20k. No more than that. The rest you should start investing it out.

>> No.55398136

Depends on if you have any immediate obligations that needs taking care of. If you can help it, as little as possible.

>> No.55398142
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55398142

I'm all in crypto and just maxx out all my credit cards.

>> No.55398227

Is $30k in the bank too much?

>> No.55398237

>>55398227
Yes.