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Old 05-03-2012, 04:58 PM
 
18,803 posts, read 9,617,882 times
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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.

 
Old 05-03-2012, 05:40 PM
 
Location: Moscow
2,080 posts, read 3,065,244 times
Reputation: 2564
25-30%. Family of four. Kids make it hard to save any more than that.
 
Old 05-03-2012, 05:41 PM
 
Location: Texas
43,547 posts, read 52,647,623 times
Reputation: 70794
Does this include money applied to principle on your mortgage?

Or just cash investment?
 
Old 05-03-2012, 05:45 PM
 
Location: Moscow
2,080 posts, read 3,065,244 times
Reputation: 2564
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.
 
Old 05-03-2012, 05:45 PM
 
5,619 posts, read 8,549,762 times
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~80% of net.

I live off my pension and save my income from my current job.
 
Old 05-03-2012, 05:49 PM
 
Location: Texas
43,547 posts, read 52,647,623 times
Reputation: 70794
Ok, extra payments towards mortgage aside, about 30-40%.
 
Old 05-03-2012, 07:05 PM
 
4,338 posts, read 6,614,668 times
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I save/investment more then 99% of my income. I am the king of frugality.
 
Old 05-03-2012, 07:42 PM
 
18,803 posts, read 9,617,882 times
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Quote:
Originally Posted by stan4 View Post
Does this include money applied to principle on your mortgage?

Or just cash investment?

Yes, it does.
 
Old 05-03-2012, 07:49 PM
 
18,803 posts, read 9,617,882 times
Reputation: 5282
Quote:
Originally Posted by Themanwithnoname View Post
~80% of net.

I live off my pension and save my income from my current job.
Pension is part of your income
 
Old 05-03-2012, 07:52 PM
 
18,803 posts, read 9,617,882 times
Reputation: 5282
Quote:
Originally Posted by Info Guy View Post
I save/investment more then 99% of my income. I am the king of frugality.
Wow, how did you do that?
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