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Ask HN: What percentage of your income do you keep in your checking account?
Curious to know what kind of amounts people keep in their checking accounts as opposed to savings, investment etc.
- throwaway889900 5y agoToo much probably. Savings accounts are useless.
- thorin 5y agoQuite a lot/too much, but recently I've started moving it out to an investment isa, which in the UK is a flexible shares fund. You can put in 20k a year without further tax liability.
- toomuchtodo 5y ago0. Everything inbound is invested or immediately paid toward debt servicing.