how much you can afford to save monthly?
By izathewzia
@izathewzia (5134)
Philippines
October 17, 2007 5:16pm CST
But first, let me ask you, are you saving? For any particular reasons; for future expenses, for buying thinds yo uwant, for Christmas, etc.
If you do, then how much, as in in portion, of your money or income you can save monthly? 10%? 15%? 20%?
I make it a point to save at least 20%? of my monthly income. It is for the future of my children.
2 responses
@braveheart07 (2601)
• Philippines
18 Oct 07
Hi friend. I used to save money for my personal matter, not only that, I am also helping my parents for financial needs at home.
I am a thrifty person. I always ensure that I have something to save with the end of the month, and of course, that would not be possible if you do not have job or salary to receive.
I see to it also that I will get the big portion of my salary for my savings, as this will really help for my family financial needs in the near future.
Have a nice day and God speed!
2 people like this
@cupid74 (11388)
• Pakistan
25 Oct 07
Well, its hard to save anything in this current economy of high inflation, but i try to squeeze out 10-15 for emergency and future.
Specially for salaried person, the Provident fund deduction is nice as at the end they can get some money to plan their post retirement life
1 person likes this
@izathewzia (5134)
• Philippines
11 Aug 08
Even how hard, we must still save for our future expenses.
