Savings Q&A | CentSai Q&A

Savings

1 year ago
46
3
Asked by: Nora Douglas

How do I budget more efficiently? I love travel but I also want to maintain some type of savings account!

1 answer
  • Evan Sachs
1 year ago
18
0
Nora Douglas
Asked by: Julie

I have 3 savings bonds that were issued around 1990. The 'final maturity' is about 2020. Currently they are worth approximately $88 with a 4% interest. But should I 'cash' them in now, since the economy and our political system seems so unpredictable at the moment? Is it possible for the money to disappear somehow? And, if I should cash them now, how do I do that? Simply at my bank like a check?

0 answers
    1 year ago
    27
    0
    Anonymous
    Anonymous

    What is the fastest way to rebuild an emergency savings once you have to tap it?

    1 answer
    2 years ago
    82
    0
    Nora Douglas
    Asked by: Kentrell Martin

    Should you aggressively pay off debt or focus on saving money when you're self-employed with irregular income?

    2 answers
    2 years ago
    57
    0
    Nora Douglas
    Asked by: Griffin Jennings

    If i have a savings of 20,000 dollars, how much of that would it be wise to invest in a mutual fund and how much should I keep liquid?

    1 answer
    2 years ago
    39
    0
    Nora Douglas
    Asked by: Hassan Khaled

    How many months of living expenses should I have saved up before moving to a new city? I will have already researched how much i will expect to spend each month.

    0 answers
      2 years ago
      37
      0
      Nora Douglas
      Asked by: Olivia Woods

      If you are living paycheck to paycheck, how does that affect the hierarchy of savings? Is it possible to accumulate some financial security despite the lack of financial wiggle room?

      1 answer
      2 years ago
      34
      0
      Nora Douglas
      Asked by: Ryan Lockman

      At what age is it necessary to have an emergency fund?

      1 answer
      2 years ago
      65
      0
      Nora Douglas
      Asked by: Derek Martin

      At what point do I consider saving for a vacation?

      3 answers
      2 years ago
      40
      0
      Nora Douglas
      Asked by: Charles Williams

      Is it possible to retrieve funds from an HSA for non-health-related issues if you needed the money?

      1 answer
      • Hannah Jane Parkins
      2 years ago
      28
      0
      Nora Douglas
      Asked by: Jack Poyle

      For a college student with a small amount of income, is a savings account the best way to save money, or are there other, better options?

      1 answer
      2 years ago
      40
      0
      Nora Douglas
      Asked by: Michael Drougas

      Should I always try to save a minimum percentage of my income no matter how much I am making? If so, what is that percentage? Is it OK/expected to initially save less money?

      1 answer
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