So far I have accumulated: USA bank account (Wells Fargo chq/sav)USA 'address' (USA2me.com mail forwarding service)Thanks for reading, looking forward to hearing how you've all gotten these sorted..

And since the unexpected always happens, their debts accumulate.  

You simply leave your money in that acct (reducing daily accumulated interest & the monthly balance) and pay bills directly from your heloc acct until the balance is paid back in full.

To accumulate money you spend less than you make.

At this point however, we do accumulate about $4k in "savings" per month, aside from retirement accounts, so while we don't have a lot of cushion, we should be building it up pretty fast.

How much that is can be somewhat vague and your net income may play a part in this as well.Corporations can be subject to accumulated earnings tax.

I don't really see accumulated equity as something detrimental...especially as you age.

It may be better to accumulate some cash.Jon

I fell into some pitfalls (when it rains it pours) as well as working very hard towards eliminating a drastic amount of CC debt I had accumulated and have been working massive overtime at my job.

That implies they can accumulate some cash.