We make plenty of money. Much is spent, and a lot is saved. So, what to do with the saved portion?
I often hear that one should have "six months of income saved," or "only invest money that you won't need in the next five years."
Wife and I both have jobs. She is a public employee, I am self-employed. We have access to about $100,000 of credit through cards and a home equity line, without any balances. Other debts are mortgage and some student loans. We have great health insurance, car insurance, and home insurance.
My thoughts are that any emergency can be taken care of through credit or insurance. If we want to save money for home improvements (cosmetic and discretionary), and other non-essential things like that, where should we park our money?
(Thanks for the suggestions and no client relationship is implied!)