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| waynela2005 |
 Posted: Fri May 05, 2006 12:17 am Post subject: How much can you save each month? |
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Investing Associate
Joined: 22 Apr 2006
Posts: 37
This Month: 0
2603.12 e$
Net worth: 8,663.07
Portfolio Value: 6,059.95
Monthly Return: -4.71%
Trades this month: 0
Churn Rate: 0.00%Items
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How much you guy can save each month??  |
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| Dave Rathbun |
| Posted: Fri May 05, 2006 3:38 am Post subject: |
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CFO
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| I try to save about 25% of my take-home pay. Some months it's more, some less, but that's the goal. Many years ago the goal was 10%. But as I got raises we kept increasing the savings amount. Now it's about 25% of my paycheck. When my wife and I both worked, her entire paycheck was dedicated to various savings accounts. Now that she's not working it's a bit harder to manage, but it's not any less important so we've tried to keep it up. |
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| Colli |
| Posted: Tue Nov 20, 2007 4:27 pm Post subject: |
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Investing Sr. Associate
Joined: 18 Nov 2007
Posts: 57
This Month: 0
126.68 e$
Net worth: 11,194.58
Portfolio Value: 11,067.90
Monthly Return: -2.47%
Trades this month: 0
Churn Rate: 0.00%Items
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| I shoot for 25% of my after-tax pay. Don't always make it but usually do. Some months I actually put in a bit more. It's all about living within your means. You can't have it and spend it too! |
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| MuZI |
| Posted: Sun Dec 09, 2007 7:57 pm Post subject: |
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Investing Associate
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15%
I usually go over but that's the minimum I put it.
I put it in a place where it's a hassle to it out so I can't spend it.... damn it. |
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| Pareto |
| Posted: Wed Dec 19, 2007 1:03 am Post subject: |
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New Poster
Joined: 19 Dec 2007
Posts: 3
This Month: 0
5580.52 e$
Net worth: 5,580.52
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
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| about 30% - that includes investments. Actual savings would be less then 10% |
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| blackfoxtrade |
| Posted: Wed Dec 19, 2007 10:52 pm Post subject: |
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Associate
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| I use the 10% rule and I try to invest my money as inflation would probably eat it in no time. I should probably save more but I don't have a job and I'm still a high school student. |
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| NCSUPAGE |
| Posted: Thu Dec 20, 2007 7:24 am Post subject: |
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Investing Manager
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Thanks for the advice, guys! I've been trying to decide how much to put away when I get out of school. It sounds like you guys have figured out how to have a great retirement waiting for you.  |
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| prs1065 |
| Posted: Mon Dec 24, 2007 7:55 am Post subject: |
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Investing Manager
Joined: 01 Sep 2007
Posts: 230
This Month: 0
263.79 e$
Net worth: 31,277.29
Portfolio Value: 31,013.50
Monthly Return: -7.72%
Trades this month: 0
Churn Rate: 0.00%Items
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| ive been using the 10% and have saved more in the last year than i have in the last ten. |
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| txga |
| Posted: Thu Jan 31, 2008 9:00 pm Post subject: |
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Investing Associate
Joined: 04 Apr 2006
Posts: 38
This Month: 0
3902.38 e$
Net worth: 7,503.37
Portfolio Value: 3,600.99
Monthly Return: -5.98%
Trades this month: 0
Churn Rate: 0.00%Items
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| when i was working i tried to save 30% of my monthly income. |
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| mindlessbombs |
| Posted: Fri Feb 01, 2008 3:28 am Post subject: |
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Investing Associate
Joined: 29 Nov 2007
Posts: 41
This Month: 0
181.14 e$
Net worth: 10,427.04
Portfolio Value: 10,245.90
Monthly Return: -10.68%
Trades this month: 0
Churn Rate: 0.00%Items
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| if you are just getting out of school you can put away $266 a month. (Not an unrealistic amount) and by the time you are 65, old and ready to retire you will have a $1 million nestegg waiting on you. That is with interest. |
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| Staggs |
| Posted: Mon Mar 03, 2008 11:45 am Post subject: |
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Investing Sr. Associate
Joined: 19 Jun 2007
Posts: 183
This Month: 0
Location: Wisconsin
6555.02 e$
Net worth: 26,036.02
Portfolio Value: 19,481.00
Monthly Return: -7.39%
Trades this month: 0
Churn Rate: 0.00%Items
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I couldn't tell you how much I save because I'm still try to become debt free. I have a cushion/emergency fund but beyond that I take every extra penny and put toward debt. Once I'm debt free then I will retire 
“Poverty is hard, but debt is horrible.” (Charles Haddon Spurgeon.) |
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