2006-08-23 19:00:49 · 13 answers · asked by wisconsincaterer 1 in Business & Finance ➔ Personal Finance
in emergency cash 1000-2000
set aside 10-15% of your pay to your 401k
2006-08-23 19:03:19 · answer #1 · answered by Hoa N 6 · 1⤊ 0⤋
First of all, anything you can save is a blessing. You should start by putting yourself on a WRITTEN budget. Track all your expenses. When you see on paper how much money you are spending in various areas, you can find lots of places to save money.
Try reading "The Richest Man in Babylon". It's a great book. They have a formula 70-10-10. 10 percent of your income goes to debt, 10 percent to your "Golden Slaves" (read the book to find out what that means), and 70% to your current bills and entertainment. I personally used this formula. I went from renting with a <500 credit score to owning a home and a 700+ credit score.
2006-08-24 06:44:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can start saving with a just one dollar or ten dollars or a hundred. It is not the amount. The important thing is to be commited to saving regularly. Make savings as the first expense of everyday and you will soon realise the value and benefits of saving.
2006-08-24 02:06:47 · answer #3 · answered by yuvan53 3 · 0⤊ 0⤋
No matter what you earn, "pay yourself first." What ever portion of your pay you can afford to set aside, take that out and put it straight to savings. Spread the rest throughout your budget and just be sure to leave some out for incidentals so you don't make it a routine habit to dip into your savings.
2006-08-24 02:05:03 · answer #4 · answered by Rvn 5 · 0⤊ 0⤋
start out at your bank then deposit whatever amount each week for what your saving for .Make sure you figure out your bills, food and gas and spending money then see if you have any left to spare.Good luck !
2006-08-24 02:09:15 · answer #5 · answered by Gypsy 4 · 0⤊ 0⤋
15 to 25% of your monthly income.
2006-08-24 02:08:33 · answer #6 · answered by Bright 6 · 0⤊ 0⤋
call the bank or check bank info online.
wachovia
bank of america
5/3 bank
2006-08-25 02:32:59 · answer #7 · answered by 0821l_4a8^#y$855 5 · 0⤊ 0⤋
show me how to make money first!
2006-08-24 02:07:18 · answer #8 · answered by alya m 3 · 0⤊ 0⤋
if you give $10,000.00 US.I will save it for you
2006-08-24 02:08:01 · answer #9 · answered by verdance 2 · 0⤊ 0⤋
Just a little bit more.
2006-08-24 02:03:40 · answer #10 · answered by joemendoza2@sbcglobal.net 2 · 0⤊ 1⤋