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What percentage of your take home do you save (excluding pension)

32 replies

JMAngel1 · 02/04/2024 13:41

Just that really
Think I need a kick up the bum!

OP posts:
Meadowfinch · 02/04/2024 15:27

At the moment - nothing. I've just had to pay for a bathroom to be refurbished and it was eye-wateringly expensive. I'll be paying off the credit card for a few months yet.

In a normal month, about 20%

MolkosTeenageAngst · 02/04/2024 15:30

Roughly 10% goes straight out and into my ISA via a standing order but I do sometimes save more if I haven’t spent much that month.

JMAngel1 · 02/04/2024 18:43

very mixed bag - definitely circumstance dependent.
We have a mortage and secondary school children which can get spendy.
I usually manage 20% savings of take home after pension. Kind of middle of the road. These savings though can be dipped in to so a moving feast.

OP posts:
Trinity69 · 02/04/2024 18:48

I put between 10 & 15% in a savings account but that’s there generally short term. I also use HyperJar to budget for birthdays and Christmas etc, so I put an amount in each week and it splits into pots to cover specific costs.

chillicalypso · 02/04/2024 18:50

Nothing generally. Some months I manage 3-5%

enjoyingscience · 02/04/2024 19:06

Wow, I thought I was doing alright at about 20%, but obviously that’s nowhere near the higher end! These are to be dipped into, probably less than 10% goes into a long term pot.

Nw22 · 02/04/2024 19:46

We used to save 50% plus pensions but then we got our dog 😂. Now it’s probably 15-20% long term plus additional pension contributions. We also save about 15% for holidays/Christmas

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