W3Schools

Is it possible to have too much savings?

Often, people wonder if they have enough money saved — but is there such thing as being too cautious?

That’s what one 25-year-old Reddit user with $50,000 in savings asked. Here’s the situation: The writer makes $80,000 and has a fiancée who makes $110,000 a year; invests $10,000 to $15,000 in various stocks that make enough returns to pay for vacations; has an almost brand new car and — after 401(k) contributions, utilities, rent ($1,900) and other expenses — saves $1,500 to $2,000 a month. His fiancée, on the other hand, has $14,000 in student loan debt that she intends to pay off in full over the next month, after which they’ll be saving close to $5,000 a month.

>>> Original Source <<<

Comentários