How much do you save from your salary?

Oh man! Ad-blocking software has been detected! :'(

This website is run by the community, for the community... and it needs advertisements in order to keep running. Blocking our ads means your killing our stats!
Please disable your ad-block, or become a premium member to hide all advertisements and this notice.

I cannot seem to save, and I need to learn how to save.

I save about 45 percent of what I get, most of my stuff goes to food and car.

What are good ways to save and how much you save on percentage a year or monthly.

 

I put away about 15% of my salary to savings... It's hard at first, but then you get used to it and you realize that the money you put away is not wasted and that its there.

 

It depends on your outgoings as the more that goes out the less likely you'd save any money or some money rather. On the flip side it can be done through if possible reducing unnecessary spending and make it into a savings. It can be tricky at first but with time and reduced spending it is achievable and worth while.

All the best and have a good Christmas

 

I dont bother TBH, but if your saving for retirement etc you could maybe pay into a pension where your work matches what you pay. The only time i save is if im after a large purchase, otherwise i just spend it, cant take it with me

 

As my mother used to say: "make sure you save even if it is just a little, it will all add up", I have setup a monthly DD that transfers £20 into my savings account each month and then I supplement this with with the odd £50-100 depending on the outlook of my account!

 

Get your self an ISA and a SIPP... that or spend it on fast women and lose cars ;)

 

I try and save around £400-£500 per month that goes into an account that is there in case of redundancy. Once it gets to a certain amount it usually goes into an ISA and then I start again. I also have 2 active pensions I pay into one work and one from an old job. Personally think it's important to save for the future as I want to retire at 55.

 

I saved the most when I lived with my parents many moons ago, total living expenses where £250 per month including rent and fuel.

Slightly different now, but I still manage to save a fair few pennies to keep my wife in a lifestyle she is completely unaccustomed too!