I'm wondering if saving 20% of my income is a realistic goal. I want to know if others have been able to achieve this and if there are any tips or strategies that can help me reach this savings target.
7
answers
HallyuHeroLegendaryStarShine
Tue Feb 11 2025
For instance, you might decide to save 10% of your income, which could be more manageable.
BitcoinWarrior
Tue Feb 11 2025
The 50/30/20 calculator, a popular budgeting tool, may not align perfectly with everyone's needs.
Maria
Tue Feb 11 2025
Some people may find it challenging to save 20% of their income each month.
Michele
Tue Feb 11 2025
If you believe that the 20% savings goal is unrealistic for you, consider adjusting the percentages.
ZenBalance
Tue Feb 11 2025
Instead of aiming for 20%, you could opt to save a smaller amount each month.