I think it depends what your goals are and what you’re planning to do.
While I was preparing to be jobless I put like $1,800 a month towards my savings so I’d be good later.
I’m jobless now so I don’t save like that anymore. I won’t start really saving again until l graduate and get a new job. I don’t think there’s a specific amount of money you should have in your checking tbh. Just be smart about your financial goals and work towards them.
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ever since someone explained inflation to me, as a teen, i realized not to try to save.
just balance budget, have some spare for surprises and enjoy what you have. i recommend not relying on credit card debt despite they allow you and it's tempting.
a million dollars in 1995, could by then what you need 4 or 5 million now. a milloinaire is so weak that fiction changed batman from milloinaire to billoinaire.
and same joke in film Austin Powers 1997. "unless you give me a MILLION dollars... etc." great scene!
- u
at this point, I am not saving like that
rather am, investing in property (and few different assets)... and also securing future investments (trust funds)
it's a transition point... once all these things are taken care of, I might be able to save then, and also two have a couple of sources of passive income, to actually be able to save any profit in the future
Me and my husband don't save every month out of our normal paycheck. Only when we get big amounts of extra money. Which is a few times a year
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The last few years I go 100 percent into my 401 until I max out. So l live off savings for about two months until I max from the businesses. The rest of the year I save anywhere from 0-50% a month. I'm retiring in about 2 years so I go a little more crazy than the average bear.
If you have bills covered and food etc taken care of. 25% of what is left goes to savings. 25% goes to checking. Rest is free to use. Though from what I hear pretty hard for most Americans to reach the financial ability to pull that off.
Up until last year, i was saving at least 50% per check starting 2018. So within 3 years a had a steady 5 figures
At this point in my life I have a few different income streams. Plus I have two jobs. I put most of the income from my jobs in the bank. I want to retire soon.
Savers are losers as Kiyosaki says
Should... I don't know right now I have maybe £1,500 spread over a few accountsabout 50% of my income goes for savings. We don't spend much with Drama Queen, lol
- m
I save 60% of it n on some months more than that
I dont spend much n I only invest my money after thinking
Whatever the maximum my employer will match for 401k. Otherwise not a lot. I can't save what I don't have. Rent, gas, and food takes almost everything.
Max out your 401k every year. Save as much as you can. Tough times are ahead.
Nothing, still paying off debt. I don’t keep more than a couple thousand in checking
Financial people say we should try to save at least 10% of our income towards retirement
I try to save at least 1,200 a month
Whatever I don't spend gets saved.
You should have about 3 months salary on hand.
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