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How Much Money Should You Save Every Month?
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You're probably wondering: how do you know if you are saving enough?
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How much money you should save every month, highly depends on your financial goals. These are different per person.
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A couple of ways to work on your goal are:
creating a list
or calculating your
monthly amount
for each goal.
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If the savings are not attainable right now, you can boost your income in many ways
like investing
.
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As a good rule of thumb, you can follow the
50/30/20 rule
where you save 20% of your income.
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Here's our complete answer as to
how much money should you save every month
. Get started & reach your saving goals!
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