How much of your salary do you save?

@Jestin (560)
Philippines
December 1, 2006 1:54am CST
What part of your salary do you keep in the bank? Is 20% enough or is it too much? Do you have any additional advices on how to spend money wisely? Thank you.
3 responses
@anshnav (479)
• India
24 Jan 07
i save around 30%
23 Jan 07
I try to save 25% of my salary each month and I put it into a high interest account. I also have another account which I put a small amount of money into every month, this is my 'rainy day' account and it's there for me to take money out of if ever any unexpected bills or expenses turn up. This stops me from taking money out of my savings account when i'm struggling to make ends meet.
@Mtushar87 (488)
• India
23 Jan 07
i m a student so i dont job and from online money making sites till now i dont get any single penny..its my pocket money which could be say as my pocket money..i hardly saves a penny from my pocket money..sometimes its like 1 or 2 $ which i save..so i cannot make this money deposit in bank its very less..i think wisely money spending is a very difficult task for youth but planning can make any thing possible..