how much money should i save every month?

Public Comments

1. 15% of your income (after taxes)
2. Depends on how old you are, what you want to do with the money, how soon you will need it, and how much you can afford to save. I'd personally say 20% of your gross income.
3. Well it depends on what you are saving for. If you saving for an emergency, about 10% of you income is a good amount. If you are saving for retirement you should just invest it in a mutual fund. How much depends on how old you.
4. There really is no correct answer. Save as much as you can.