How much money in your bank account?

533345,59 €

OK just kidding

More than yesterday, less than tomorrow I guess.


Money in the bank is quite ridiculous no matter how much you have "in the bank". Because the money of today is not real money since 1971 when Nixon took off the gold standard and replace it with the oil I think and now all the central banks in the world took advantage of it and now they just print money and give loans to governments and corporations, so any money that stays in the bank devaluates due to so much printing and interests. You must put your money on assets like commodities, real estate, stocks and bonds, businesses, to make profit. Otherwise, you get wiped out in crisis times. Money is not some trophy to show off, it's a tool meant to protect and provide for you.

 

Hi all! It would be interesting to know where you take out loans and at what interest rate?

 

No matter how much a person earns, one day, life will face him with a significant purchase for which he will not have enough money.

 

$175 in my account. But the best thing is I never owned a credit card and neither have intention to own one in future.
I made this rule long back, no credit cards.
This is about mid of the month and I know that I wont be needing more money till I get my salary. and even if I need, then I'll postpone that requirement to next month.
I have no car, no house. Living in rented apartment and have a bike. Currently no plans to buy house or car or having a gf..


I invest around $200 per month in mutual funds and 2 hours on my coding skills to complete my app by mid-feb and if that app succeeded in market then well I wont have to worry about money for atleast 2 years.

Last few months had been very bad for me. but I didn't stop saving. Now I have to start increasing my bank amount as I am planning to get SKYDIVING B- License in somewhere around June and July.

 

I just hit £100k saved but I invest in property so I need that money to make money. That said, it means nothing to me. I know that sounds awful but I feel like I'm just saving money for no reason other than to make more, I don't even desire to do anything with it. Sometimes I feel like giving it away to the local cat charity.

 

I had that same feeling at a point. But then one of my friend suggested that to earn more you make something expensive as your hobby.. he started bike riding and now he has an awesome bike after 3 years with all the riding gears and he travels all across the country with groups.

And then I decided to do something more dangerous... Skydiving.. I won't say that I am not regretting... but I enjoy it too.. the free fall last for a minute.. and its the time when I forget everything.. during that time I achieve a state where there is no past no future.. just now.. fully focused on enjoying and living the moment at the same time being in the most awake and alert state...

 

Im thinking about getting into the property game maybe with a friend , start with something small. Do you think there is still good money in it ?

this 9-5 grind just seems to be a chumps game