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How much do you put in your savings and how often? - Printable Version

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How much do you put in your savings and how often? - Shortie - 12-21-2022

With each person, it varies on how much they tend to put into their savings and how much they put in each time. Maybe you earn a certain amount each week and you are able to put the same amount in say each week and others may not be able to do it weekly but more monthly instead and different amounts each time. It all really does by their capability of being able to put away and how often and how much. 

I myself try and put at least something away each week if I can even if it's just maybe £5 or £10 but due to the cost of living and rising inflation that can sometimes be difficult to do or if I am able to, sometimes I have to take it back due to rising costs. It's definitely not been an easy time to save consistently at the moment. 

Do you do you put away in your savings and how often do you put it away? Does it vary for you?


RE: How much do you put in your savings and how often? - Ja sa bong - 06-17-2023

I usually save at least 15% of my salary every month. If I don't save up to the 15% probably because of a heavy expenses, I would try to save at least 5%. There has never been any month I don't save from 5% of my pay upwards. I have a safe at home I casually drop in $10 whenever I have cash on me.