How much money do you have saved up?

Discussion in 'Community Discussion' started by br.avery, Dec 23, 2008.

  1. br.avery macrumors regular

    Joined:
    Dec 1, 2008
    #1
    I've just started saving money and I think I'm doing pretty good at it! I'm about to turn 18 and have about $800 saved up, I think that's pretty good right? I'm excited!! I don't know what I'm saving up for, maybe an Apple Display! :)

    How much do you have saved up and what are you saving up for?
     
  2. fireshot91 macrumors 601

    fireshot91

    Joined:
    Jul 31, 2008
    Location:
    Northern VA
    #2
    close to 1300$ and I'm 14 :D. Nothing really, just saving.
     
  3. dukebound85 macrumors P6

    dukebound85

    Joined:
    Jul 17, 2005
    Location:
    5045 feet above sea level
    #3
    eh i have less than 7K in the bank

    buuuut i have 15k in student loans
     
  4. Schtumple macrumors 601

    Schtumple

    Joined:
    Jun 13, 2007
    Location:
    benkadams.com
    #4
    £160, and deminishing.

    No income + Uni + iPhone bill = steadily decreasing bank account.
    Christ knows how I'll get through next semester.
     
  5. br.avery thread starter macrumors regular

    Joined:
    Dec 1, 2008
    #5
    yeah but how long did it take you to save that $1300? i've only been saving for 4 weeks :rolleyes:
     
  6. 7254278 macrumors 68020

    Joined:
    Apr 11, 2004
    Location:
    NYC
    #6
    How on earth did you manage to save up $800 in 4 weeks?
     
  7. basesloaded190 macrumors 68030

    basesloaded190

    Joined:
    Oct 16, 2007
    Location:
    Wisconsin
    #7
    no need to make a competition out of it, he was just telling you how much he has saved!

    About $4k in savings account and $5K in other forms of Saving. 20 years old
     
  8. dukebound85 macrumors P6

    dukebound85

    Joined:
    Jul 17, 2005
    Location:
    5045 feet above sea level
    #8
    um who cares? and good for you?
     
  9. ZiggyPastorius macrumors 68040

    ZiggyPastorius

    Joined:
    Sep 16, 2007
    Location:
    Berklee College of Music
    #9
    If he's making minimum wage (atleast in Michigan), and he's working 30 hours a week, that's $864 minus taxes, so a little more than $800, maybe, assuming no other expenses.
     
  10. cherry su macrumors 65816

    cherry su

    Joined:
    Feb 28, 2008
    #10
    -∞

    because I owe my parents too much (still a teen)
     
  11. kellen macrumors 68020

    kellen

    Joined:
    Aug 11, 2006
    Location:
    Seattle, WA
    #11
    I think it would also help the thread if you put if it is purely for savings or saving for some purchase. Also income per year and age.
     
  12. notjustjay macrumors 603

    notjustjay

    Joined:
    Sep 19, 2003
    Location:
    Canada, eh?
    #12
    Wait till you move out, and have a rent or mortgage, and a car loan, and credit cards, and food bills, and electricity, cell phone, high speed internet, ...

    Paycheck comes in, paycheck goes out.
     
  13. firstapple macrumors 6502a

    firstapple

    Joined:
    Sep 25, 2007
    #13
    $30k+ 23 years old... Been working ever since I was 16, plus my first car was paid for (equals no real bills until just recently)

    Now I have credit cards, car payments, rent (apartment), other bills which have been slowing down my savings rapidly. I am looking to purchase a house or condo in the very near future.
     
  14. Xfujinon macrumors 6502

    Joined:
    Jul 27, 2007
    Location:
    Iowa City, Iowa
    #14
    Plenty.

    Let the economy crash and burn. It is somewhat humorous to me to see all those who ridiculed my simplistic, conservative fiscal lifestyle now eating their words as they cut down on bars, expensive clothes, and so forth. I've saved more than enough money to pay cash for any Mercedes, BMW, Jaguar, or Lexus and I just let it keep sitting in my bank, making free money as interest, and not spending a ding danged nickel. My wife and I get by just fine and dandy on her "meager" salary, which all her coworkers complain about, but we live comparatively well on. Compared to our old situation, it is the lap of luxury for us!

    It isn't about how much money you make, it is about how much you save. We are wealthy far beyond our peers in the same age group because we save like crazy. Every time I think I need something (other than toiletries and food), I wait six months to see if I really need it. Works every time.

    I've made exceptions for guns, though, in case of zombies or the apocalypse. My wife made an exception for a new pair of shoes for a Christmas party. But that's about it.

    Save, save you Americans! Save and learn to live simple, free, and frugal!

    I shouldn't post after three whiskey sours. I love Christmas vacation.
     
  15. yg17 macrumors G5

    yg17

    Joined:
    Aug 1, 2004
    Location:
    St. Louis, MO
    #15
    Ehh...I've got about $2500 in the savings. $100 of my paycheck is automatically deposited into it, then I put whatever I have left into it after bills, except the holidays have made sure there's not much left. I don't know what's in my 401k. I probably don't want to know with the way the market has been :eek:
     
  16. Solemony macrumors 6502

    Solemony

    Joined:
    Nov 26, 2008
    Location:
    Wonderland
    #16
    Not sure I usually give all my money to my parents so they can put it in the bank. I have nothing to worrying about right now maybe trying to find myself a part-time job to save some money for future usage. And I'm not worry about moving out of my parents house..since I'm not going to *grin..* I might find a nice apartment after I finish college..since the school I wanted to go to is pretty close *a 5 minute drive*.
     
  17. dukebound85 macrumors P6

    dukebound85

    Joined:
    Jul 17, 2005
    Location:
    5045 feet above sea level
    #17
    if i were you, id open a bank account in your own name and manage it yourself as opposed to having your parents do it all for you
     
  18. K3mp macrumors 6502

    Joined:
    May 4, 2008
    Location:
    S.E. Louisiana
    #18
    I have $1300 in my savings and Im going to be getting $1500 from everybody in my family to be used to buy my new MBP. I'm 14. Just so everybody knows I don't spend all of my money on computers. This is my first computer purchase that I payed for. Once or twice a year I buy something big like a computer or snowboard. Yes, I know I need to save some for later. I set aside some $ for long term saving. I work for about half and the other half I accumulate for doing various things and getting different gifts.
     
  19. iGuardian macrumors 6502a

    iGuardian

    Joined:
    Aug 26, 2008
    #19
    $20 CAD.

    All my money was blown on Christmas gifts.
     
  20. dukebound85 macrumors P6

    dukebound85

    Joined:
    Jul 17, 2005
    Location:
    5045 feet above sea level
    #20
    a snowboard in Louisiana? reeealllly? lol just givin ya a hard time;)
     
  21. cantthinkofone macrumors 65816

    cantthinkofone

    Joined:
    Jul 25, 2004
    Location:
    Missouri, USA
    #21
    ~$200 in my checking. zero in my savings, ~$30 in my portfolio, and -$50 in my ING account. I need to pay them back lol.

    I can't save money for sh*t. I'd really like too, but can't. Dam bills.
     
  22. iParis macrumors 68040

    iParis

    Joined:
    Jul 29, 2008
    Location:
    New Mexico
    #22
    Me? Save money?
    I fail at that. God I need a job.
     
  23. K3mp macrumors 6502

    Joined:
    May 4, 2008
    Location:
    S.E. Louisiana
    #23
    That's what a lot of people say. We try to go once a year. A lot of My friends go too.
     
  24. jknight8907 macrumors 6502a

    jknight8907

    Joined:
    Jun 14, 2004
    Location:
    Hudson Valley NY
  25. basesloaded190 macrumors 68030

    basesloaded190

    Joined:
    Oct 16, 2007
    Location:
    Wisconsin
    #25
    A MBP at 14:eek: jeez you must be doing some heavy computing there for all that!
     

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