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6 months expenses in no penalty CD rest in brokerage account trying to make more money
I save 10% + any left over each month but I don’t keep a lot of cash in my checking account. I have a very strict budget for my monthly expenses. After those are subtracted I put 50% of the leftover into my savings.
My advice is determine how much you actually need over the next couple of weeks (between payday) anything in excess of what you need to pay bills, do any shopping/discretionary spending — put it in your savings. Then each month save a certain percentage. I do 10% cash savings and 10% retirement because of the 50/30/20 rule. Good luck!
All expenses on credit cards.
I ve never used my debit card at all
I just paid off all my credit card debt and plan to use it for reoccurring bills like Netflix, Apple Music, etc to keep them in use.
All purchases should be on your credit card as long as you pay it off every month.
Just read all the FAQs and guides at the below link because your questions indicate to me that you’re pretty early in the journey of having a good grasp of finances.
Reddit.com/r/personalfinance
You should check out a book by Dave Ramsey called The Total Money Makeover