Anonymous
Have already set aside $$ for house splitting cost w spouse. how much % is good to save, thanks
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33 % is a nice savings number
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Everyone's number will be different based on their income, financial commitements e.g. mortgage, children and personal lifestyle.
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Personally, i first invest 50% of my income every month, then usually spend 20-30% and the rest goes into savings
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20% sounds good, and probably another 20% for investment. The remaining could be for expenses and holiday funds etc.
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I would think 30% or more if u could afford to save.. the rest should goes to bills, etc and life en...
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Considering everything is settled including your emergency fund, u can double check if your emergency fund is enough.
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Generally 20% is like the minimum. But again, from person to person, it can differ it depends. Sometimes when one already have more than enough cash, more % can be channeled to growing your wealth instead.
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So yeah, it depends.