HOW MUCH SHOULD YOU SAVE?

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HOW MUCH SHOULD YOU SAVE?

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HOW MUCH SHOULD YOU SAVE?

[+] ballot by LCD
ACTIVE Thu Jan 03, 08 - Fri Jan 02, 09
from your income, how much SHOULD you save for a rainy day?
never mind about how much you are saving now. I am talking in the ideal world, where you don't have crushing mortgage and car payments, and those pesky children crying for food every 6 hours....

negative percentage
0%
1-10%
11-20%
21%-30%
31%-40%
41% or more

Ballot #122256 : SEE RESULTS

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COMMENTS:
Voted : 41% or more
I have no idea. What do you mean by a rainy day? I guess the safest bet is to have at least 5 - 10 years worth of full living expenses saved in the bank?

by patch22us on Thu Jan 03, 08 5:21pm [+]

unless there's a catastrophic illness in the family, then the 5 years of living expenses will be exhausted in weeks.

by LCD on Thu Jan 03, 08 6:13pm [+]

Voted : 1-10%
I'm going at a base minimum. I would suggest higher.

by Truthseeker013 on Thu Jan 03, 08 7:28pm [+]

Voted : 11-20%
Yeah, let the pesky kids eat Raman:)

by skylab on Thu Jan 03, 08 7:57pm [+]

Voted : 21%-30%
If only...

by wildcard on Thu Jan 03, 08 10:30pm [+]

Enough so that you can always take care of yourself and not expect 'The Government' to do it for you !

by Black_Lava on Fri Jan 04, 08 6:41am [+]

Voted : 21%-30%
Barring no unforseen medical procedures, that oughta do it...

by thesoothsayer on Fri Jan 04, 08 10:36am [+]

Voted : 11-20%
Germans save 18% of their income, on average. I think that would be adequate.

by Psycho_Frighead on Sat Jan 05, 08 4:05pm [+]

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