Hello Folks,
Just wanted to know what kind of savings you guys have. Just wanted to know how i am doing compared to other folks.

been working in US for 5 years, i don't have any personal property in Nepal. I mean we have a family house but i am not counting that as my personal property. About $30K in 401K  and $50K in savings account. So roughly about $80K total but no property. Still renting. Am i on a good track ? Got married recently so had to spent a good chunk of savings otherwise had close to $100k.

Would be nice if you guys don't mind sharing how you guys have been saving. Maybe i can learn something better.

Thanks !

Saw this video this morning. Made me realize I was spending money on things like few cups of coffee, eating out almost every meal almost everyday.

https://www.youtube.com/watch?v=0XOZU-sKlj8

hi micki mouse bro,

i'm a US citizen and working in IT. what type of people you are looking for in your group?
thanks.

I strongly suggest people to invest instead of putting money in savings account. 10/15K in saving as a rainy day fund is good enough but rest should go in compounding interest investing for passive or retirement fund such as ETFs and/or mutual funds. Vanguard is one of the easiest and trustworthy investment firm with annual return of 7-10% in ETFs/mutual funds and only needs 10K to open up!