How much can you realistically save in a year as a fresh graduate?

Hi, for fresh graduate, it's hard to save in the first year initially, cos life is just becoming independant. Losts of costs couldn't be avoid. When proceed to 2~4 yrs or more, trying to save 30% - 50% income is reasonable. However, if you rent house outside, that's another situation cos renting fare is expensive especially in city centre. Anyway, reducing payment and constrainting yourself is the key!

Some fresh grads earn $8000, some earn $2000, hard for anyone to give you a hard figure, gotta give more context! For myself, during my first year working I put $1000 a month into my fixed savings pool. If I'm good that month and I have extra money, then I put them into an "extra" pool, where I will treat myself with a vacation, or a hair makeover with the money there.

It is also going to be hard! When you first start working and you have no idea if you're spending too much, you'd start questioning if you should really be spending $200 last weekend drinking with your friends haha. But try your best to track your spendings and come up with your own strategy, you'd be fine (:

It really depends on your spending habits!!!!

Try to save at least 50% of ur income!!!

It really depends on how much you are able to make once you graduate and how much you can save. It can be really tempting for most fresh grads, as this will be the first time they are receiving such a huge paycheck. Thus, a lot of them would be tempted to spend a lot of money on things they WANT. (Take note i said "want" instead of "need).

For me, when I was studying in poly, I was working 2 part time jobs. I earned about $2000 from both jobs, however, my expenses were really high (at about $800-1000/month). That's one of my biggest regrets, that I spent too much and didn't save enough.

Fast forward to when I graduated, I began working full time and made about $3,500 per month. During this period, I also kept expenses low to about $400-600 per month, and that was when my savings grew.

In short, once you land your first full-time job, start planning your finances. It would be good if you record all your expenses, as this gives you a guage on how much you have spent, and how much more you can spend in the month.