I know one thing for sure: I'd definitely be getting guac on my burrito
this post was submitted on 24 Aug 2023
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Damn dude is loaded over here
Dude wtf. Are you insane?
Me, who's saving up for a house
Me who spent most of their savings on a house last year: 🙃
oh no...
yeah same.
do you have this weird feeling like "I'm trying not to get fired until I do this?" even though I don't want to get fired after it either, but for some reason I feel that pressure
Here to post and see the obligatory $0*2 = $0
what if you have a mortage and your bank account shows -$300k?
-$600k
Oof, we've all been there. May better days be ahead friend!
No. Gives a bit more breathing room, so one thing probably won’t destroy me, but not enough to actually do anything with.
Yeah same. It’d be real nice and help out, but not life changing or anything.
2x0=0
2 x -1 = -2
:(
You forgot the overdraft charge. That -2 is now -37.
TWO Big Macs
depends, all bank accounts or just the main one. Cause if all, them yeah, huge difference. Just our main bill account, no not really.
I'd have £120, but it would mean i can pay my water bill today.
Isn't that how capitalism works, now that I think about it... The more you have, the more you have and the less difference it makes.
Not really. I’m fortunate enough that I have enough money in the bank to hold myself over for a few months. It’d just double that amount of time for me.
I could probably get the new camera I want, but I could do that now too, I just don’t want to spend 4 figures on something this moment.
Nope, cash shrinks. Assets inflate.
I'm out of work and slowly burning through the savings so doubling it would give me an extra six months headroom
Right now? I'd hardly notice. I get paid tomorrow. This time tomorrow would be a bit better. Even better if it was this time tomorrow and the joint account too, that would be a lot better.
None of it would actually be life changing though. It would just make up for our recent house move and all the associated stuff really.
No big material differences. I'd just shove it into retirement savings after maybe taking a trip.
Double my income and some things would definitely change a bit.
Which account?
checking - no change
savings - nice bonus
IRA - I might be able to retire eventually
I am in the first year of my life where I had actually saved some money. Doubled, I think I can live without a job for a year. But that accounts for no food, medicine, or any expenses.
Not in slightest unfortunately. Shouldn't have bought a house.
No. The money in there is, by definition, money I'm not using.
All of my bank accounts? Checking, Savings, HSA, 401k and IRA? While significant I don't think I'd really do anything different than I am doing now.
it would be much welcomed. I could use it to pay off most of my credit card debt
I will have 8 dollars instead of 4, which would be nice.
Yes it makes a difference for sure.
I could pay for my prescription, that would make my life immediately better. Pretty depressing state of affairs tbh!
Makes me feel a little less nervous about the car I know I'm going to have to replace in the next year or two
0 times 2 is still 0. 😭
I took out a massive loan to pay for home renovations so yeah that would be fucking awesome, I would have more money now than I've ever had in my entire life, I could actually pay for all of my home renovations and all of my other debt combined except for my mortgage and have money left over
Ah man that would be the best situation! Magically turn a loan into money you own.
I'd retire.
Sounds like you're doing very well with savings regardless of magic money doubling!
It wouldn't be life-changing, but it would definitely put me in a better place for a year or so.
Does this include my depot or not? If it's just the bank it would suck, I just keep 3 monthly salary there...