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How much of your income should be allotted for saving.
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[QUOTE="Ithedicious, post: 262988, member: 73248"] Everybody will always have their own different percentage of their monthly income they will always save but sometimes it depends on so many things like the responsibilities they have to take care of and maybe other unknown factors like your location. People that are earning so much may even save 50% of their monthly income on the saving account and that will not in any way affect their life because the remaining 50% is obviously huge enough to carry them till the next month but at the same time there are some people that can't save up to 50% of their monthly income because their earning is so low. But it seems nowadays some people save between 30 to 50% of their monthly income for future use . 30% should be the least amount everyone should try to self. Although this depend on the amount of money you are earning a month , the higher the better. [/QUOTE]
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How much of your income should be allotted for saving.
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