how much % of your earnings do you save every month?

[kalster]

trying to do 50% as of now,

mostly because I am single and dont have mortgage or car payments (and very paltry insurance on a used car)

 

[wedi42]

-7%

 

[JonnyBlaze]

Originally posted by: johngute
-7%

 

[illustri]

100%
of zero

 

[bigredguy]

minimum - 10%

 

[RaDragon]

0% 😱

 

[iotone]

around 10%

 

[tami]

i'm losing money per month. 🙁

 

[thereds]

36.36%

I put aside that percentage to my savings account every month and don't touch it.

 

[PeeluckyDuckee]

0 at the moment
10% come January

Was doing $60/mnth before, but stopped for about a year.

 

[Rudee]

After bills/mortgage are paid, roughly 2k goes into investments every month. So, that's about 55% of net pay.

 

[desteffy]

0 still in college

 

[rh71]

16% comes out of my paycheck for stocks/401k... + about $1k saved per month just by not using it.

 

[arcas]

It varies but usually between 40% and 75% depending on my spending patterns for the month.

thereds - If you're looking towards a long term investment (at least a couple years), you'd do far better picking an index fund. If your horizon is shorter, you should consider a short-term CD or a money market account. Your savings account most likely isn't keeping up with inflation so your investment is actually losing value over time.

 

[dionx]

6% 401K
15% Company Stock
$50 I-bonds
+ whatever i don't spend

 

[nageov3t]

I try to save 30-40%, partially for grad school and partially for emergency money (like when I got into a car accident and needed $900 to make my car drive-able again).

 

[Toastedlightly]

100%, considering earnings are 0.

 

[rpl318]

30%...20% to 401k and 10% to savings.

 

[magomago]

0 now, in college....and until i get my loans paid off...probably 0 😉 Hopefully once i'm done with those 'll be looking to save around 33% if i can...i can't beleive some ppl are actually saving 50%+!!! They are either REALLLY rich, or they live in a cardboard box outside with only a kickass PC and internet connection.

 

[AmigaMan]

Right now about 3.2% of my take home income goes directly into a savings account. 2.1% goes into my 401K which is company matched up to a certain point (3%). About 1% goes into my wifes Roth IRA. As soon as I pay off our last credit card which has about $2,000 on it, I will be putting about $100 a month more into short term savings to augment the 3.2% I'm putting in there already. Then I'm opening up a personal Roth IRA and putting $300 a month into that. Since I may not be at this company much longer, I'm not going to bother with changing my 401K.