What percentage of income have you been saving? (money)

[lifeexplorer]

Saving means both in saving accounts and investment. Buying a car is not investment.

I save about 2/3 and sometimes, even more.

Being frugal, having no debt and a good income really helps.

[Keim]

25-30%. Family of four. Kids make it hard to save any more than that.

[stan4]

Does this include money applied to principle on your mortgage?

Or just cash investment?

[Keim]

My example did not include mortgage as savings, as mine is paid off. If I had a mortgage I would not count it as part of savings rate.

[Themanwithnoname]

~80% of net.

I live off my pension and save my income from my current job.

[stan4]

Ok, extra payments towards mortgage aside, about 30-40%.

[Info Guy]

I save/investment more then 99% of my income. I am the king of frugality.

[lifeexplorer]

Originally Posted by stan4

Does this include money applied to principle on your mortgage?

Or just cash investment?

Yes, it does.

[lifeexplorer]

Originally Posted by Themanwithnoname

~80% of net.

I live off my pension and save my income from my current job.

Pension is part of your income

[lifeexplorer]

Originally Posted by Info Guy

I save/investment more then 99% of my income. I am the king of frugality.

Wow, how did you do that?