Current Events > I miss when having $1000 in my bank account made me stress free

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littlebro07
08/24/20 10:17:52 AM
#1:


Now I make more than that in a week and I'm constantly worried about money

Being an adult blows

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Hexenherz
08/24/20 10:19:12 AM
#2:


same I am always paranoid when my checking account gets below like $2k.

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Giant_Aspirin
08/24/20 10:28:52 AM
#3:


slowly build up that emergency fund. once you have like ~6 months of living expenses saved up that worry should start to dissolve

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CableZL
08/24/20 10:29:28 AM
#4:


I'm slowly building up my savings, but putting more of a focus on dividend stocks.

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Drumiester
08/24/20 10:29:57 AM
#5:


That time when you were a kid and were super excited to reach $100 dollars from your allowance savings lol

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NeonOctopus
08/24/20 10:31:15 AM
#6:


When I was a kid and had like $300 in my closet, I felt like a king! I could buy like 6 video games with that, or even a new console

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Hexenherz
08/24/20 10:31:58 AM
#7:


CableZL posted...
I'm slowly building up my savings, but putting more of a focus on dividend stocks.
@CableZL What sort of companies/ETFs are you doing for dividends?

I've tried to start branching out so I've got a few S&P high yield ETFs, a few regulated public utilities, a few financial services >_>

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JuanCarlos1
08/24/20 10:34:31 AM
#8:


Why? As long as you make enough to pay all the bills and have some left over money to indulge and save you should be good...

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CableZL
08/24/20 10:36:16 AM
#9:


Hexenherz posted...
@CableZL What sort of companies/ETFs are you doing for dividends?

I've tried to start branching out so I've got a few S&P high yield ETFs, a few regulated public utilities, a few financial services >_>

Right now my dividend stocks are:

FRO
IBM
CLX
AAPL
PCRFY
WMB
TRP
CSCO

Non-dividend stocks that I've just kept for a while:
YETI
TSLA

I wish I had started investing ~15 years ago, but oh well. I'm just getting started out with investing seriously, so I only have a few of each. 30 of PCRFY, 21 of WMB, 20 of FRO, and 10 each of CSCO and TRP. Others are less than that.

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Southernfatman
08/24/20 10:36:42 AM
#10:


I miss having $1000 in my bank account period.

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littlebro07
08/24/20 10:37:20 AM
#11:


Giant_Aspirin posted...
slowly build up that emergency fund. once you have like ~6 months of living expenses saved up that worry should start to dissolve

It would take like 2 years to build a 6 month emergency fund and that's assuming no emergencies happen to delay it

I'm working towards a 3 month fund though. Almost got there and then my fence got torn down by that land hurricane a couple weeks ago.

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littlebro07
08/24/20 10:38:11 AM
#12:


JuanCarlos1 posted...
Why? As long as you make enough to pay all the bills and have some left over money to indulge and save you should be good...

Now that I own a house, so many things could possibly go wrong that cost thousands of dollars, like my AC could go out and they're like 6k to replace.

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Hexenherz
08/24/20 10:39:12 AM
#13:


CableZL posted...
Right now my dividend stocks are:

FRO
IBM
CLX
AAPL
PCRFY
WMB
TRP
CSCO

Non-dividend stocks that I've just kept for a while:
YETI
TSLA

I wish I had started investing ~15 years ago, but oh well. I'm just getting started out with investing seriously, so I only have a few of each. 30 of PCRFY, 21 of WMB, 20 of FRO, and 10 each of CSCO and TRP. Others are less than that.
I hear you man, I wish I started years ago, too. Only started about a year and a few months ago and I really feel like I was wasting time before this -_-

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Ving_Rhames
08/24/20 10:40:32 AM
#14:


My savings are going away cuz I'm taking care of like 7 people. >_> Sucks but it is what it is. Not gonna leave people I give a shit about hanging.

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