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  • Aug 17, 2009, 09:32 AM
    yona26
    Bank account
    How much money should I have in my bank account?
    I am 28 living in manhattan, Earn $46000 a year. Working for 2 years. Rent is $750 plus utilities is another $200. Bought a car for $10000 last year. Car insurance is $200 a month. Living expenses are $700.. food, dog, clothes, gas, etc.
    Approx?



    Additional Details
    No health insurance. Car in manhattan I drive to work. Livng expenses is different every month.. anybody in nyc that has an idea?
  • Aug 17, 2009, 09:47 AM
    stevetcg

    How much SHOULD you have? $9200 is a good number. 10% of your gross income into savings.

    But its probably not realistic.

    I try to put aside $500 a month for "whatever" savings, above retirement and college savings for the kids. Makes for good vacations and discretionary spending accounts.

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