What percentage of income should go to savings?
- This topic has 1 reply, 1 voice, and was last updated 2 months, 3 weeks ago by .
Viewing 1 reply thread
Viewing 1 reply thread
- You must be logged in to reply to this topic.
To subscribe, simply enter your email address on our website or click the subscribe button below. Don't worry, we respect your privacy and won't spam your inbox. Your information is safe with us.
As a student in newyork, saving plays a huge part in order to cutoff for the things that I personally like to buy. Knowing the fact that there is a family who is supporting me, but still as a university student there is a planning that we need to do as well.
I can explain the expenses and wants and savings in percentage below:
50 % is the Needs _ food, transportation, study supplies, minimal rent
30 % are my wants like Guitar strings, Sneakers, new jacket, New books etc so these are the things that are depreciable overtime and requires investment.
remaining 10 – 20 % are the expenses for the savings that are a must.
Finance Gossips - Where voices unite, stories flourish, and community thrives through open dialogue and meaningful connections.
Company
Trending
Copyright © 2025 Finance Gossips - All Rights Reserved.
