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How much of a cushion do you leave in your checking account?

 
Erica_Smerica

Asked by Erica_Smerica at 9:54 AM on Aug. 26, 2010 in Money & Work

Level 28 (34,798 Credits)
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Answers (13)
  • I like at least 1k in there all the time.
    Mom2unangel

    Answer by Mom2unangel at 9:56 AM on Aug. 26, 2010

  • Ideally, anything. I usually end up with nothing in there. In fact, this month i will be in the negative until I get paid on the 1st.
    BradenIsMySon

    Answer by BradenIsMySon at 10:00 AM on Aug. 26, 2010

  • I try to leave about $100 extra, just in case. I do all my banking online though, so I always know what the balance is and what's pending. I get in trouble when I write checks because I rarely do - the $100 covers it in case I forget to write it in.
    Scuba

    Answer by Scuba at 9:57 AM on Aug. 26, 2010

  • not always easy to keep it, but I try to keep no less than $500 as a minimum for unforeseen things. My goal would be to have $3000 just sitting there, as that would cover most anything and give a sense of security. Maybe some day we'll be back to that point again after these debts are paid off.
    Zoeyis

    Answer by Zoeyis at 10:03 AM on Aug. 26, 2010

  • Lol honestly I just try not to overdraft. I wish I had the financial security of an extra $1000 in there.
    ohbladi

    Answer by ohbladi at 10:23 AM on Aug. 26, 2010

  • ditto BradenIsMySon... if we have $5 left in there by next payday then i'm happy...
    DreainCO

    Answer by DreainCO at 10:23 AM on Aug. 26, 2010

  • I think right now we have maybe $0.12 in our bank account. We're lucky if we have anything left in there by the next payday.
    poptart0325

    Answer by poptart0325 at 11:10 AM on Aug. 26, 2010

  • If it gets too low, my husband transfers money from the savings account to ensure a check never bounces.
    HotMama330

    Answer by HotMama330 at 11:20 AM on Aug. 26, 2010

  • Enough to cover a few months of pay if something should happen. My husband just bought a third vehicle, so that drained $12,000 out.
    JulieJacobKyle

    Answer by JulieJacobKyle at 11:32 AM on Aug. 26, 2010

  • $1 to avoid service fees. Every other dollar has a purpose and is used for that purpose, be it savings, blow money, groceries, or bills.
    michiganmom116

    Answer by michiganmom116 at 11:35 AM on Aug. 26, 2010

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