Savings Account

Discussion in 'Heavy Equipment & Pavement' started by nedly05, Jul 27, 2010.

  1. Gravel Rat

    Gravel Rat LawnSite Fanatic
    Posts: 9,544

    Just think there goes your inheritance :laugh:

    There are quite a few people like your dad that are in the same situation so deep into debt there is no way out.
     
  2. nedly05

    nedly05 LawnSite Senior Member
    Posts: 540

    Our accountant suggested not having one. This is the reason I asked on the forum, to learn how others operate. Isnt that what forums are all about?
     
  3. nedly05

    nedly05 LawnSite Senior Member
    Posts: 540

    Exactly the info I was after, thank you very much gentlemen!
     
  4. I use the mattress method.
     
  5. Gravel Rat

    Gravel Rat LawnSite Fanatic
    Posts: 9,544

    Safer than having money in a bank :laugh:
     
  6. Dirtman2007

    Dirtman2007 LawnSite Platinum Member
    Posts: 4,366

    Until the house burns down!
     
  7. AI Inc

    AI Inc LawnSite Fanatic
    Posts: 25,308

    Cash goes in the safe, small checks go in that savings acount. Fiereproof safe that is.
     
  8. ioilyouin

    ioilyouin LawnSite Senior Member
    Posts: 710

    We keep a checking account and a money market account open at all times. When I have surplusess of cash it goes into the money market until it is needed. Through the winter I project my expenditures and open a short term cd with the money I don't need.
     

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