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re: How much of your paycheck do you put into savings?

Posted on 7/12/13 at 3:19 pm to
Posted by yellowfin
Coastal Bar
Member since May 2006
97718 posts
Posted on 7/12/13 at 3:19 pm to
quote:

Also, how long did y'all save up for your emergency accounts?


3-6 months worth of living expenses depending who you talk to

Posted by guttata
prairieville
Member since Feb 2006
22513 posts
Posted on 7/12/13 at 3:24 pm to
I was probably in my early 30's, with 2 kids when I started putting half my paycheck away. I'm 40 now. As far as emergency fund, I don't really think about having a certain amt. I try to make sure I have enough in savings to make sure that if I make a big purchase(car), that I still have enough to cover a couple months of bills. My current vehicle is 7 yrs old and I will drive it till the wheels fall off.
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