<prompt> Human: I use two banks, one for my bills, groceries, and other essentials. In addition to my 401k, I put 5 into an ESPP which functions as my savings account will use it to take a trip to Scotland to visit St. Andrews golf resort this year.However, the left over money I have I pretty much just waste, and always have only a few dollars left in there before my next paycheck. If an unexpected emergency were to come up, Id have to pay for it with a credit card. I dont have any extra money in any checking accounts that I could use to pay for something that would cost more than a couple hundred.Is this okay to do? Essentially just put the money away into the the stuff I need to first, and then just doing whatever with the left over income?  <response>: No its not ok. You should have a 6 month emergency fund, and you shouldnt be spending money just because its there. Thats hugely wasteful and youll regret it in 10 or 20 years. Make a budget. See where all your money is going every month and set reasonable limits for yourself. Figure out what you can cut. Save up an emergency fund and then start putting more money into retirement savings, or do something else productive with it. Buy a house if that fits into your plans for example. 