Tagged Questions

3
votes
4answers
44 views

Is there any age limit for saving money?

I am around 24... I ve never saved money.... But i really had the doubt about my age for saving money.... Is there any age limit for saving money? From which age should i start s …
4
votes
3answers
68 views

What percent of salary should go towards retirement vs. emergency savings?

What percent of salary should go towards retirement vs. emergency savings? Should some be set aside each and every pay for emergencies?
6
votes
6answers
124 views

Where can I park my rainy-day / emergency fund? Savings accounts don’t generate much interest.

Savings accounts don't seem to generate much interest. What other options do I have for my emergency fund?
5
votes
3answers
101 views

What’s the average nest egg (savings) for someone age 26? Website for comparison?

How much money should a 26 year old have saved up? Is there somewhere that I can compare against online?
6
votes
6answers
75 views

Homeowners: How did YOU get a deposit for your home?

How did you get a deposit for your first home? Inheritance? Separate Loan? Hard savings? Some other way? Can you share any experiences? Is it a good idea to open up an ISA spec …
3
votes
2answers
34 views

What is the risk to me of moving my money to a smaller bank?

In light of the events in the banking market over the last few years, there have been calls from some quarters for investors to move their money from the larger banks, so they are …
3
votes
2answers
51 views

Will our hefty student loans affect our chances of getting a mortgage?

My husband and I live simply but we're content. I'm an avid budgeter and love finding ways to be frugal. My dilemma right now is that we've been able to keep our living expenses …
3
votes
2answers
192 views

As a general rule, how much in “liquid” emergency savings should I have?

I'm buying my very first home next week, and should be receiving the $8,000 first-time home buyers tax credit. A majority of my savings are going to the down-payment of the house, …
7
votes
4answers
70 views

How many months' worth of living expenses is considered an adequate “Rainy Day” fund?

I know I should have one, but I don't know how to start and how much I should have.