How much money or percent is a good amount to put aside for saving per month?
A good starting percentage for a beginner saver is 5%-10% of net income. If you make $2,000/month, that means you are only putting $100 - $200 aside every month. However, there are many "super savers" who try very hard to save around 25% of their net income. It is pretty difficult to do this, and depending on your wage/salary, may not be possible. Set a goal, commit to it, and evaluate frequently. If you think you can save a more with a little effort, do it! Best of luck!
Saving money should be an essential part of your overall financial planning. You should try to save at least 20% of your net income. So if you are earning $2000 you can try to save a minimum of $400. This may sound a bit difficult but is possible. This will ensue that you have enough money when you need them in future.
by Marcy Goodfleisch 3 years ago
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Do you save money? I mean do you put money into a savings account regularly?Do you make enough money to save money? How do you save it? Do you save even though you can't afford to save? Are you cutting corners to save?Or do you simply not save, because you can't?
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How much money do you get by using Hubpages per month?
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