So I have a financial question, how much of each paycheck should I save (deposit into my ridiculously low-interest savings account)? I seem to be getting a universal "save at least a little of your money from each paycheck, you'll thank yourself later" message, but I'm not sure exactly how much. I'm thinking like $20 from each paycheck maybe? Do you guys have savings accounts with a bunch of money in them? Or do you spend all your money as soon as you get it?
Most of the money I get, especially the money I saved from lunch for the past few years, I spent almost entirely on coins. I prefer doing that because coins are tangible goods that appreciate far faster than the .6%/yr my savings account gets me, and I actually get enjoyment out of purchasing and viewing the coins that I buy. I consider my coin collection to be an investment. But that leaves the question, should I leave a small portion of my income liquid just in case I need to use it at the crack of a whip? I just can't stand the thought of money just chillin' in a savings account.
Opinions, anecdotes, helpful information welcome.