What Percentage of Your Paycheck Should You Save?

Savvy Q and A: What Percentage of Your Paycheck Do You Save?


Updated 04/15/10 7:57 AM · Posted by · 15 comments

SavvySugar reader Lauren recently asked a thought-provoking question in our newest community group, SavvySugar Q and A: What percentage of your paycheck do you save?

Many budgeters focus on reverse, envelope, or to-the-dollar budgeting, but thinking about savings in terms of percentage can be tremendously effective. Do you know your stats or have a percentage of salary saved goal? Share your answers in comments, then share your questions on money matters in the SavvySugar Q and A group.

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