Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How much do you save as a percentage of your income?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote]Dear smarty pants, Perhaps that's why OP, very smartly, asked about PERCENTAGES. And, anyone can save, regardless of the income level.[/quote] Not fully true. There is a certain baseline for living expenses. some people never make enough to save beyond that. Its a hell of a lot easier to save 35% of your income when you make 400k than 100k. When I started working in DC, I made 38k gross, or 2400 month net after 6% retirement deducted (my only savings). Apartment and utilities were 1200 month (cockroaches were free), add into that transportation, food, clothing, medications not covered by insurance, copays etc, and I lived on 300$/week. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
