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Thread: Family Budgets Question: What % do you save each month?

  1. #1
    Trailer Park Casanova
    Do you pay yourself first?
    We try to shoot for 15% to be locked away in the savings each month.
    Curious what everyone elses monthly savings target is?
    http://i44.photobucket.com/albums/f18/tpc123/mom.jpg

  2. #2
    scooooter7
    Target??
    Does that count while treading water?

  3. #3
    Havasu1986
    $7.50 a hour goes into a 401K type pension thru my work. I started with .25 cents a hour 25 years ago. It has grown to close to 600K.

  4. #4
    photo chick
    4% a month & Mr. Perot matches it!

  5. #5
    uLtRADeNniS
    I don't have a family, but figure someday I will so...
    15-20% of every dollar I earn goes into different investment accounts. I even have my future kids college funds set up.
    I don't believe in savings accounts. Just never felt comfortable with giving my money to a bank and letting them pay me 3%(if I'm lucky)...while they loan it out on credit cards at 21% and keep the spread. :idea:

  6. #6
    EmpirE231
    0 what?? isn't that the ***boat way???

  7. #7
    mbrown2
    30%...trying ratchet it up a little each year...

  8. #8
    Senior Member
    Join Date
    Aug 2009
    Posts
    912
    "SAVE" is a four letter word :devil: :devil:

  9. #9
    2Driver
    30%...trying ratchet it up a little each year...
    Same here. We try for 30%+ We did it even when we weren’t making a whole lot. We always saved first then spent whats left. If that did not buy us the lifestyle we wanted we tried harder to make more money and get more savvy about our purchases.
    Now at 47 I can tell you it was all worth it and I don’t think we sacrificed a thing looking back over 4 homes, 11 boats, 6 jet skis, 4 jeeps, 3 landcruisers, an H1 and lots of good times.

  10. #10
    XtrmWakeborder
    About 1/4, but I don't have a family and it's mostly for a home purchase.

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