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ANONYMOUS personal finance poll


redkow97

Personal Finances (anonymous poll)  

44 members have voted

  1. 1. How much money do you have in liquid savings? (i.e., you could go to the bank and withdraw it TODAY)

    • I live paycheck to paycheck and rarely deposit money into the bank. ($0)
      5
    • I have a checking and/or savings account, but the balance is stagnant. (i.e. the balance never drops below $1,000, but it also never exceeds $3,000)
      5
    • I have a savings account with a balance between $1,000 and $5,000
      7
    • I have $5,000 - $10,000 in savings
      9
    • I have $10,000+ in savings
      18
  2. 2. How much credit card debt do you carry?

    • $0 - credit card companies provide me a free service each month.
      21
    • $0 - $1,000 - I use my card for large expenses and then pay down the balance as soon as I can
      13
    • $1,000 - $5,000
      9
    • $5,000+
      1
  3. 3. What is your total household income?

    • $0 - $20,000
      1
    • $20k - $40k
      1
    • $40k - $50k
      6
    • $50k - $60k
      2
    • $60k - $70k
      0
    • $70k - $80k
      5
    • $80k+
      29


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9 minutes ago, Limitedslip7 said:

The student loan interest deduction also gets phased out if you are making more than $75k a year too, and completely eliminated if you make more than $80k. 

That is for single filers. Many people, making more than 80k are married. 

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Credit cards annoyed me back in the 80s, so I dropped them entirely. Funny was being told I wouldn't have any credit. Opposed to that was hundreds of offers for credit that suddenly showed up in the mail. Don't need them. Maintaining a cash balance will take it where I want it to go.

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