What % of your net monthly income do you save? I feel like I’m trying to save too much and it’s limiting my ability to have fun but also have fomo about not saving enough.

like
Posting as :
works at
You are currently posting as works at

DINK, combined HHI of $400-425K. We (regular, not mega) max out 401K and HSA, and then save 60% of our remaining take home (automatically gets pulled out each month).

like

I try to save 25% of my post tax income each paycheck, putting it in Roth IRA and brokerage. I also max out my 401k pre-tax, which I think is 13% of my pre-tax income.

helpful

If this makes you feel better, you're ahead of the pack over here.

I haven't even started saving yet 😖😖 still need to find a ft job with benefits

on a monthly basis i run a small deficit. i only recoup it and set aside savings when i get my annual bonus.

I save 12% and 6% goes to my 401K

You don’t even notice your saving when it’s automatically taken out

All my savings is before taxes or Roth that’s out of my post tax paycheck. Going to my actual savings account would be 5% since I have an emergency fund already

Just spend all of your money from your job and learn to invest, do a side hustle, create a business, flip houses, rent a room out etc. You should never only have one source of income. That's dangerous.

Related Posts

FYI, for those interested, AMEX has an offer for a free motley fool subscription if purchasing using an AMEX card. Saw this offer pop up for my card so figured I’d share. YMMV.

Post Photo
like

Which demat accounts can a Citi employee hold ?
Is only Kotak securities allowed ? Are there any exceptions ?

like

Just sold my first property as a realtor! So freaking excited to have joined such an amazing industry.

like

How f*%ked am I?? I’m holding 100 shares of BABA at an average cost of $170? Just when I think it can go lower, it keeps plummeting 🙈🥲

likefunnyhelpful

31 years old, been in a relationship for over 3 years and we’ve talked about marriage but the boyfriend hasn’t proposed and seems to be bad with money and hasn’t saved for a ring. Tbc..

Looking to buying a house -- have about 80k in stocks (mostly vgt) and I'm down maybe like 4% overall; is there a con to liquidating half of my portfolio for a downpayment on a house? Is there a more efficient way to do it?

like

How often do you/can you refinance your private student loans and home loans for a better rate?

like

Where the heck do I start growing an emergency fund (starting with 1k)? Want it to be as liquid as possible. I’m gravitating to an HYSA but rates are so low right now compared to inflation that I’m not even sure if it’s worth it. Thanks

like

Hi fishes,

Which food card is best in TCS. And why please give your thoughts.

like

Have we hit the bottom yet? How much further could it drop? Wondering if I should exit. I am already down 25% on my original capital.

like

which option -new townhouse vs 1990 built single family ,pros and cons for family with 2 kids. in high col city with best school ratings. Single fam unit 560k 3 bed 3 bath and twnhouse 460k 3 stry cnt

How much do you let a stock’s price fall before you sell your shares? 10% price decline enough?

Potential first time home owner just getting started. Current net worth is 130k+, mostly invested in stocks. Looking to diversify, so my current plan is to buy a multi-family unit and rent it out for supplemental income. Any tips for figuring out an initial budget?

like

Anyone using robo investing? I have been using it for over 2 years, and now I realize it is a waste of money on management fee...... we can just buy exactly something they buy and saves management fee....

like

Hi fishes

I am planning to start investing in a smallcase. I am considering paid managers. Any suggestions on manger and smallcase will be really helpful

like

Can anyone explain the 401k/roth plan to me or share helpful webinars explaining this? Looking to understand what it is, how to best exploit it etc. thanks in advance!

like

Get upto 100% of your TDS as Refund in your desired bank account .
Due date for filing (ITR returns) for the AY 2021-2022 which reflects your transactions during April 2020 -March 2021, is on 31/12/2021.
File now to get rid of penalty for delay returns
Here we will e-file your IT returns
▪️▪️▪️▪️▪️▪️▪️▪️
Are you new to ITR filing???.... no Worries join and get our help to clear your queries

📲 8985907244

like

Over the next couple days, my colleague Jess (who heads all our customer experience work) and I will be popping in and out to take questions on the topic of becoming a homeowner. Hope we’re helpful!

likefunny

Have been reached out to by a recruiter for potential roles in Australia. Currently an American in London. For Sydney or Melbourne is 275-300k plus super, realistic for a family of four? Aiming for in a safe, urban area with good private schools.

More Posts

11 likes please

like

I (female) am the top performing recruiter on my team as a Talent Partner (Recruiter). A new team member joined our team in November 2021 as a Senior Talent Partner. Since he has joined, he's only made 1 hire in 5 months. I've made 11 hires. We're set to the same expectations in our work. The only difference between us is his years of experience and a significantly hire salary. How do I approach the conversation with my company on the pay disparity? I feel so undervalued based on all of this.

like

As a chemical engineer, I have a lot of job opportunities, but as a recent graduate, I have had a hard time getting my first job. After my internship, I have only had 3 interviews. Does anyone know about any job bank for chemical engineers?

like

I have been working in US for the last 2 years and haven’t had my H1-B picked in my first 2 attempts at the lottery and I have 1 attempt remaining. With the second round of lottery happening this year now in August, would it count as my 3rd attempt or will I still have a chance to file next year since this second round is only to meet the required number of H1-B granted this year? My OPT expires in Feb 2022, so not quite sure about the process if I’m not picked.

Any insights are appreciated!

like

Anyone else look in the mirror and have trouble internalising the fact that they’re pregnant? Im 5.5 months and it still is conceptually so weird.

likehelpful

Hi guys.

For IT proof submission, after the 12BB is generated, there is no option to upload signed 12BB form in the portal. Where to do that?

like

I’m having a sit down with my creative directors next week, they have some concerns. I’ve been doing well with my radio and tv assignments but not as well with my collateral and email assignments. I’m having trouble adopting the already established voice of the latter but the tv and radio work I get to create my own voice for each project. Any advice on how to plead my case of having some degree of difficulty and not intentional doing bad work?

like

How can we delete the existing applied job in Accenture portal, showing pending review for past 7 months.

Share your thoughts.

like

Can anyone provide me a reference in JPMC, Citi, BofA and DB for FP&A role?

like

Truth Time: Was Copywriting Your FIRST Career Choice?

like

If you can’t stand the heat, get out of the (consulting) kitchen

Post Photo
likeupliftingfunny

Hola, any Latinx/Hispanic attorneys located in Frederick County, Maryland?

like

Is it true that PWC SDC is allowing work from home indefinitely or is it just a rumor. I wanted to appear for interview but then I am based out of Delhi and can't relocate.

like

Best place to buy club set in NYC for a beginner to intermediate player based on price and quality?

like

Did anyone read the top consulting firms to work for? 😂😂😂

like

How is your district implementing school reentry? How are you setting up your classrooms to meeting social distancing while still allowing for free play?

People who have had their moving expenses or signing bonus clawed back: When did your firm tell you they were going to be clawing back?

likehelpful

Hi all,

Pls share your views. Appreciate your inputs.

Post Photo
like

Looking for a opportunity with experienced in Project Management with a demonstrated history of working in the Railway Sector (P-way, Signaling & Telecom) & Civil engineering industry. Skilled in AutoCAD, Computer-Aided Design (CAD), English, Contract Management, and Project Management.

like

Additional Posts in New York City

Who has a car and wants to go to Cape Cod with me 😬

likeuplifting

Damn just went to Central Park and god damn so many tourist. Everyone riding bikes and taking videos not paying attention. 🤦‍♂️

like

Has anyone heard of or work for a company called Lenus eHealth? Looking for information after being contacted by a recruiter. Thanks in advance!

like

If I’m moving to Manhattan and need to park my car somewhere for a few weeks while I finish moving in and before I sell it? What’s my best option?

like

Recommendations on favorite (artisanal) coffee shops in Manhattan?

like

Anyone in any book clubs? In my early 20s moving to the city and would love to join one :)

like

Any suggestions for charities to contribute/ join for the 2022 NYC Marathon? New to the NYC marathon scene, been looking at charities since the 9+1 2022 program participation would be for the 2023 race.

like

How much do you tip at the nail salon?

like

Any 🐠 in NYC want to watch a movie tonight?

like

Best balaclava or face covering that doesn’t make me look like a thieve???

funny

Where do I find lemongrass? Why are major supermarkets not carrying them.

like

I signed a lease in a rent stabilized apartment that indicates Legal rent: $2200. Preferential rent: $1800. My question is that when I renew my lease in a year, can the landlord jack up my rent to $2200? Or just $1800 with a small annual increase?

like

If you could buy a house in nyc, would you pick west village, Williamsburg, ues, uws, or Astoria?

like

Question: Has anyone had any luck selling or buying a house/apt through an off-market direct sale? Considering this approach to sell my NJ house but unsure of the success rates.

like

Interviewing with a co-op board to rent an apartment in their building. Any questions I should be ready to answer beyond work/reasons for moving/living habits?

like

Best Spotify podcasts: just anything to grow as a human with emotions, perspective, race etc , I figure I should spend my commute actually learning vs zoning out to music

like