POLL: What’s the perfect amount of money to have in savings?


Written by DML
Last night, I watched the Mayweather McGregor fight.

Although the numbers are estimated, word is Mayweather will take home as much as $300,000,000 and McGregor will cash in $100,000,000. That’s a lot of money for 30-minutes of fighting in a boxing ring.

When the fight was over, Mary and I began chatting about the money.

“Nobody should be paid $300Mil for a fight,” she said.

I responded, “The market dictates the price. If the market is willing to pay these guys half a billion dollars, then it’s fair game.”

She then asked, “What’s Mayweather going to do with $300 million?  He already has so much money.”

I responded, “What would you do with $300 million?”

She didn’t have an answer.  We turned off the TV and went to bed.

With our heads on our pillows and the lights out, she said, “I don’t need $300 million, and that’s why I don’t know what I would do with $300 million.”

I then asked, “Well, how much do you think is the perfect amount of money to have saved?”  She said $10,000,000.

I then asked what she’d do with ten million dollars. Her answer: “travel.”

“But you don’t need ten million bucks to travel,” I told her. “People travel all the time to cool places with far less than $10M.”

We then discussed all the places we’ve traveled over the past 30-years together.  She eventually agreed with me — a person does not need $10,000,000 to travel.

Basically, we went to bed not knowing what is the perfect dollar amount to have saved.

This morning we woke up still not knowing the perfect amount. So, we decided to ask you, what is the perfect dollar amount to have saved?  (NOTE: If you cannot see the poll box, click here.)

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