How much money should you save?

This is a question like How much we must earn? It depends on the situation , how much really we can save comfortably with out making our lives miserable! Savings should be a thing of Joy and not the source of tension and stress!

The question is how do you plan to live when you become elder. If you have nothing, life will be very hard. You can enjoy life and save as much as you can.

Saving should be a very important part of any budget because there will always be the unexpected but necessary larger expenses - repairs or replacement of equipment, for example - and you will need extra funds to cover those when they occur. You may also want to save for vacations or to buy a house or apartment or just to tide you over between jobs - there are so many reasons for wanting to save that it's impossible to list them all. Always you should start by setting aside all of the regular and essential bills - rent, water, electricity, mortgage payments, phone contract &c. These are things which have to be paid and it's usually a good idea to set up standing orders for them and to make sure that your bank account has enough funds to cover them when they become due. Anything left over is what you have to live on (your 'disposable income') - groceries and other food, entertainment and other day to day expenses. It depends how much you have and whether it's even adequate to maintain your desired lifestyle (it usually isn't ever, but that's life!). However much it is, if you can possibly do so, you should set aside regularly whatever small amount you can from this disposable income, no matter how small. It may be 5% or 10% or less than that. What is important is that you do it regularly and, in fact, build it in to the regular outgoings so that you don't notice it and regulate your day-to-day spending accordingly.

I counting some for daily needs in a month, then for other purposes I saving it.

10-20 percent is good number

I save one half or one third of my earnings

The main goal is to be able fo save at least 10% every month and in time it really does grow. The hardest part is to make sure and not touch it once you start saving unless it is a ,ajor emergency

It is excellent to have a $1000 beginners emergency fund. Then pay off all debt except for your mortgage. The next step is to build on the emergency fund to 3 to 6 months of your living expenses. After that pay 15% of your earnings into a pension. I learned these baby steps from Dave Ramsey on You Tube. I did a money course and they said have one account for day to day, one saving accounts for less often payments like insurance and one saving account for wants like vacations.

You should save as much as possible but some of the saving or most of the savings should go into investment.

Usually, after the bills, savings of a specific amount, what is left is the budget for the month.

Upto 30th age: 90% 30 to 40th age: 80% 40 to 50th age: 60% 50th onwards : 40% that's how I see it.

Save first!!! Party later!!!! Then U can eventually save up 4 your dream vacation!!!!

There should be a balance between saving and expenses

Everything you said is true. Whatever you feel right go ahead do it. I never had that problem when to save coz someone was saving for our future so I guess, it was was easy for me to enjoy

I save 40% my income money and then paying all bills, foods for a month and house credit. What's left will be budget for traveling

I save about 10%-20%