Hopefully no one is over drafted right now…
No. Gives a bit more breathing room, so one thing probably won’t destroy me, but not enough to actually do anything with.
Yeah same. It’d be real nice and help out, but not life changing or anything.
I know one thing for sure: I’d definitely be getting guac on my burrito
Damn dude is loaded over here
Dude wtf. Are you insane?
Me, who’s saving up for a house
Me who spent most of their savings on a house last year: 🙃
oh no…
yeah same.
do you have this weird feeling like “I’m trying not to get fired until I do this?” even though I don’t want to get fired after it either, but for some reason I feel that pressure
You did it friend, you beat inflation.
TWO Big Macs
Once again, the conservative, sandwich heavy portfolio pays off for the hungry investor.
Here to post and see the obligatory $0*2 = $0
what if you have a mortage and your bank account shows -$300k?
-$600k
Oof, we’ve all been there. May better days be ahead friend!
If that includes IRA and 401k, then yes, I can retire today, and much more comfortably.
Exactly. Keep your bank account at a safe but not wasteful level while letting the rest appreciate somehow.
Yay $4!
depends, all bank accounts or just the main one. Cause if all, them yeah, huge difference. Just our main bill account, no not really.
2x0=0
2 x -1 = -2
:(
You forgot the overdraft charge. That -2 is now -37.
Which account? Salary account that my card is connected to? That is about two months of expenses.
Emergency fund account? Now we’re getting somewhere. It’s about one years expenses I get.
Investment account? I’ll be able to fund my current lifestyle with the dividends forever even with inflation adjustments.
Mortgage account? Fuck it, I’m declaring bankruptcy.
I’d have £120, but it would mean i can pay my water bill today.
Define “bank account”
I’m out of work and slowly burning through the savings so doubling it would give me an extra six months headroom
Not really. I’m fortunate enough that I have enough money in the bank to hold myself over for a few months. It’d just double that amount of time for me.
I could probably get the new camera I want, but I could do that now too, I just don’t want to spend 4 figures on something this moment.
I’m going to assume the “magical doubling” is totally legal and tax free. Meaning, the bank won’t come after me for the accidental deposit in a few days and whatever process added to my account also sent money to the IRS in my name to pay the inevitable tax bill. Obviously, my answer would be different if this weren’t the case.
It would make a small improvement in my life, but not much. I’d lock the extra money away in savings and likely wouldn’t touch it, but it would provide peace of mind in case things went south financially.
