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How much of your household income do you try to save?

35 replies

Mumsworld112 · 15/02/2025 20:36

If yourself and your partner work,, how much do you try to save of your household income?

I try to make pots for everything I need to save for, even miscellaneous events and I am left with around 20% of our household income to save, just wanted to see if this was around the same as others.

OP posts:
Meandhimtogether · 16/02/2025 09:45

Both retired we save £75 per month to our ISAs and £25 per month to our premium bonds.

claudiawinklemansfringetrimmer · 16/02/2025 09:56

Bit less than 10% here, working on paying off a credit card so will hopefully be more when that’s done

YesImawitch · 16/02/2025 09:57

30% straight into savings 1K pcm
10% pension
I then have savings pots at 3.60% easy access for car, utilities, Christmas, personal spending, vet , holidays
£300 pcm goes into a rainy day fund

billandtedsexcellentadventure · 16/02/2025 09:58

About 10%

CoralHare · 16/02/2025 09:59

Percentages are a bit meaningless because one person could need 95% of their income to live and another person could live on 30% of their income. Obviously the latter will be able to save more.

More meaningful is what % do you save of your disposable income.

mycatsanutter · 16/02/2025 10:29

@CoralHare I have just worked ours out , we are currently saving 4.8% of our disposable income , that's terrible!

Charcoalpen · 01/03/2025 13:20

Dyrne · 16/02/2025 05:31

Mine and my partner’s finances are seperate, so I don’t know how much he saves; but I save at least 30% of my take home pay. I also pay extra into my pension from salary sacrifice before it even gets to me.

% of income saved is a difficult measure to compare with though as it’s so dependent on what your income is - higher income people will have more of their income proportionally to save.

Don’t you ever chat about savings op? Future plans? Financial planning? @Dyrne

sorry to raise thread again but I’m budgeting this weekend and researching!

Passthecake30 · 04/03/2025 06:28

8.5% of my gross pay goes into my pension, I put about 30% of my net pay into an avc and isa at the moment.

Haappy · 04/03/2025 06:42

About 30%. I am saving to help DC with future expenses e.g. house deposit.

speak2me · 04/03/2025 08:23

One income family, initial 20% Salary Sacrifice into pension, then a further approx 30% of net pay saved, split into the non-earners LISA & SIPP, and both ISAs for long term savings.

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