How much do you set aside each month - Page 3 - Online Consumer Forums Digital-Boards.com The Consumer Network

Cats Miaow · 08-21-2007

I'm actually a spender and not a saver....but I'm desperately trying to change. I opened up another bank account about three months ago. I deposit about 1/4 of my salary there. It's hard for me but I know it's going to be worth it in the end.

kkk3 · 08-28-2007

I believe it is necessary to save all the time, even when you have no apparent goal inmind, even though we should have one. There are always unexpected circumstances that require money such as sickness and death in the family and stuff like that. If you don't own a home, save towards one, if you don't own a car, save towards one, instead of borrowing most of the money and then have a high pay back each month.

I was saving at least $150 each month until my bills and circumstances depleted my savings, I am now saving like $30 per month but hope to increase that in the next 2 months. But it is important to maintain the habit of saving, no matter what.

Princess Pea · 09-13-2007

I'm trying to save at least 1/3 of my salary. I don't make a lot of money so my savings is not that big...yet.

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08-21-2007	#21 (permalink)
Cats Miaow Consumer Join Date: Aug 2007 Posts: 68	I'm actually a spender and not a saver....but I'm desperately trying to change. I opened up another bank account about three months ago. I deposit about 1/4 of my salary there. It's hard for me but I know it's going to be worth it in the end.

08-28-2007	#22 (permalink)
kkk3 Consumer Join Date: Aug 2007 Posts: 71	I believe it is necessary to save all the time, even when you have no apparent goal inmind, even though we should have one. There are always unexpected circumstances that require money such as sickness and death in the family and stuff like that. If you don't own a home, save towards one, if you don't own a car, save towards one, instead of borrowing most of the money and then have a high pay back each month. I was saving at least $150 each month until my bills and circumstances depleted my savings, I am now saving like $30 per month but hope to increase that in the next 2 months. But it is important to maintain the habit of saving, no matter what.

09-13-2007	#23 (permalink)
Princess Pea Consumer Join Date: Sep 2007 Posts: 50	I'm trying to save at least 1/3 of my salary. I don't make a lot of money so my savings is not that big...yet.