After all bills and expenses, what is a comfortable amount of money to be left with each month for the average person?
2007-12-05 16:55:21 · 14 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
after funding your retirement and rainy day funds..... about 15%...
2007-12-09 13:38:55 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 0⤋
Depends on where you live, how much your rent is, what you make annually, etc. I would say for the average making $35-50k a good amount of money at the end of each month is $400-800 to play with and put in the savings.
2007-12-05 17:00:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
None. That way he or she won't be tempted to waste it on stuff they don't need- or on bad habits. And if that seems alittle "austere"- consider THIS: Millions of Americans are NOT really "left with" any money at the end of any given day- because they are many thousands of dollars in Debt to Credit Card Companies... -So they'll NEVER know what it's like to have JUST their bills & expenses paid... -Never mind being "comfortable..." :(
2007-12-05 17:12:20 · answer #3 · answered by Joseph, II 7 · 0⤊ 1⤋
It depends on you income and what you are considering expenses. Once housing (including utilities), car, gas, and groceries are out of the way I would take a guess that you would want about 10% into savings and then another 10-20% of your take home pay left for discretionary spending.
2007-12-05 17:08:46 · answer #4 · answered by moonman 6 · 0⤊ 0⤋
Buy time my next paycheck comes I am scraping around for some money!! I usually have a couple hundred left after paying all the bills!!
2007-12-05 16:59:31 · answer #5 · answered by EL-Beth09!! 3 · 0⤊ 0⤋
How about $500 to $750?
2007-12-05 16:58:00 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I am trying to guess here, but I am assuming you mean how much after all the bills are paid, groceries bought, movies rented etc., right? Any amount is better than most Americans, who save nothing each month. But, up to 15% of you income is recommended. Good Luck! Chaz
2016-05-28 09:49:33 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Pay yourself first. If you are not investing a fair amount ( say 15%) then lower your other expenses untill you can. Yes it sucks but people who think they can make it on social security do not have happy retirement years.
2007-12-05 17:02:15 · answer #8 · answered by Molliemae 4 · 0⤊ 0⤋
Any amount of money to be left with is good...it wasn't yours to start with. I need a lot of money to be comfortable...others may not
2007-12-05 16:58:38 · answer #9 · answered by Anonymous · 0⤊ 0⤋
you should have at least the same amount that you paid on expenses, because you will have the same amount of expenses once you retire.
2007-12-05 17:00:54 · answer #10 · answered by _ 2 · 0⤊ 0⤋
800-950
2007-12-05 17:00:00 · answer #11 · answered by Buttrefly-Beauty 2 · 0⤊ 0⤋