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kevin1905
10 months ago

In the current account you should have as much as necessary and as little as possible.

If possible, all money that is not needed directly to cover current costs should be parked or invested on daily and fixed money accounts.

askElias
10 months ago
Reply to  rhinomw2

Yes well so, little money should have left everything

DasOrakel
10 months ago

As much as possible 😀

I think you’re talking about three monthly incomes as an account reserve.

dieLuka
10 months ago

2-3 net incomes are recommended as non-growing. Where you got it doesn’t matter as long as it’s tangible. So it doesn’t have to be the Giro. A reasonable daily allowance is almost equally tangible.

Whether the 3700 are 2-3 with you or I don’t know. Cold rent is not the only potential cost factor. Net income is a good indicator of cost of living as it should not be above net.

horribiledictu
10 months ago

3-6 monthly salaries should be able to mobilise debt-free within a working day. (must not be in the account)

Rosswurscht
10 months ago

You can fix a lot of things…

Rosswurscht
10 months ago
Reply to  rhinomw2

The more, the better.

If you need a new washing machine, you will get 3,700€. If you need a new car, it’ll be close.

So it always depends on what purpose the reserves should serve.