Depends if it's for retirement, a house, college, a car or other goals.
26+ How Much Of Your Income Should You Save Every Month
Images. How much money should you keep in savings? Find out how the 50/20/30 rule can help you.
Could You Save Half Of Your Income Each Month These Four Are from image.cnbcfm.com
How much money should you keep in savings? It depends on what your financial goals are. I'm saving a lot but will many financial planners recommend that you save 10% to 15% of your income for retirement, starting in your 20s.
Lock in a %age of your income.
Be sure to factor in expenses that occur regularly but not every month, such as car maintenance. When you run through this exercise, you'll probably discover that you can't save enough for every. Strive to save 20% of your gross income each month, some experts say. Based on your income, family circumstances.
