What percentage of your take-home check is not spent?

Noirish

Diamond Member
May 2, 2000
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Anything you put into some sort of money-generating account is considered not spent.
 

FallenHero

Diamond Member
Jan 2, 2006
5,659
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single, living at home with parents...about 60%. Of course, im starting to pay down my student loans/credit cards at a massive pace, so that will drop.
 

ndruw

Member
Feb 7, 2006
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Originally posted by: FallenHero
single, living at home with parents...about 60%. Of course, im starting to pay down my student loans/credit cards at a massive pace, so that will drop.

same, but im in highschool, so no loans here
 

TXHokie

Platinum Member
Nov 16, 1999
2,557
173
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Originally posted by: Noirish
Originally posted by: cKGunslinger
I'm married with 2 kids, so.. -5% :eek:

ouch!
i hope they are worth something in the future. ;)

Same here but with 3 kids. Their worth can't be measured in monetary value :)
 

BobDaMenkey

Diamond Member
Jan 27, 2005
3,057
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I'm doing maybe 20% right now. But it's all gonna get spent on books for the next semester here in about a month.
 

DaShen

Lifer
Dec 1, 2000
10,710
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70%+

Maxing out everything in savings. paying loans and debts with the rest. :) With my pension, IRA, 401k and Savings, I will be free and easy by 50 and I will probably keep working.

Living at home though to do this. :(
 

cKGunslinger

Lifer
Nov 29, 1999
16,408
57
91
Well, I joke, but I do have a small percentage going into my 401K and that's being matched 100% by my employer.

But like the OP said, "take-home pay" disappears quick.




edit: 100%, not $100.
 

EKKC

Diamond Member
May 31, 2005
5,895
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after tax each month i get 6k, but somehow i cant save up that much, probably like 2k left in bank?
i do pay mortgage and maintenance, but i dont see buying stocks as money not spent, its invested but CAN lose value.
 

batmang

Diamond Member
Jul 16, 2003
3,020
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81
im currently saving for a down payment as well as paying off wedding debt... so.. from our $4000 a month total income, my wife and i are paying/saving almost 2k.
 

Noirish

Diamond Member
May 2, 2000
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Originally posted by: cKGunslinger
Well, I joke, but I do have a small percetnage going into my 401K and that's being matched $100 by my employer.

But like the OP said, "take-home pay" disappears quick.

that's why i don't count 401k; otherwise, i'll be in the 2nd highest.
 

DaiShan

Diamond Member
Jul 5, 2001
9,617
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I take home about 5k a month and spend about 1k, so 80% goes into investments/savings.
 

Noirish

Diamond Member
May 2, 2000
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Originally posted by: EKKC
after tax each month i get 6k, but somehow i cant save up that much, probably like 2k left in bank?
i do pay mortgage and maintenance, but i dont see buying stocks as money not spent, its invested but CAN lose value.

yeah, that's correct, bloody May-Jul...
 

DaShen

Lifer
Dec 1, 2000
10,710
1
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Originally posted by: Noirish
Originally posted by: cKGunslinger
Well, I joke, but I do have a small percetnage going into my 401K and that's being matched $100 by my employer.

But like the OP said, "take-home pay" disappears quick.

that's why i don't count 401k; otherwise, i'll be in the 2nd highest.

If I don't count 401k, then it is closer to 40%. another 40% goes to paying off my loans.
 

dullard

Elite Member
May 21, 2001
25,033
3,378
126
If you count paying off debt as savings, then 39%. If not, 0%.

<- Enjoys his ~6% return by paying off his house downpayment loan early. And I enjoy knowing that by the age of 37 I'll own (100% paid for) a better house than most people will ever have (whether owned, rented, or mortgaged).