What % of your income goes to savings ea pay?
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04-06-2016 20:13 #1
% of income to savings
04-06-2016 20:19 #2
No idea what DH is doing for us as I don't understand the budgeting program he's using, but when I was younger, dad always told me to put 10% of my pay into savings. I saved loads when i was younger, but I also had no responsibilities at the time so not even sure if it would be feasible now (I hope it would be!)
04-06-2016 20:21 #3
10% for me
04-06-2016 20:24 #4
Just calculated it and it works out its 12-14% of our combined income after tax. Thats our car/rainy day/holiday money. We also have another account for bills which we pay into but I guess thats more living expenses than savings
04-06-2016 20:36 #5
We save around 15% into a rainy day account. Once I go back to work my pay mainly goes into saving/homeloan and we just live off dh's pay
04-06-2016 20:58 #6
% of income to savings
None. And when I say none, I mean we don't put anything aside as we just leave everything in the offset account.
04-06-2016 21:01 #7
About 6% (dh and my income after tax combined). That doesn't include rainy day money which goes into a different account.
04-06-2016 21:27 #8
I can't work out what percent lol... Both DP and I both put in $200 each to our joint savings every fortnight. We then both have personal savings as well.
05-06-2016 06:44 #9
When we don't have a mortgage we usually save 20-30% of our income me.
05-06-2016 07:13 #10Senior Member
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