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How Much Money Do You Save Per Month?

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June 21, 2017, 09:05 AM
Powers77
How Much Money Do You Save Per Month?
We don't set aside any specific amount outside of maxing out the 401k including catch up.
But, we still live well within our means and are in constant accumulation mode. Enough to fully fund a Roth for the wife come tax time with plenty of funds left over.
June 21, 2017, 09:35 AM
KShooter
Not much. Mostly we're paycheck to paycheck. We usually "save" between $100-$200/month but that always gets eaten away quickly between car maintenance, medical/dental expenses (mostly for kids), random unexpected things, etc.


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I'm a right wing, anti-illegal, pro-life, gun owning, straight, white, college educated, politically informed, conservative, Christian male. Liberals hate me.
June 21, 2017, 10:01 AM
Leemur
Not as much as I'd like right now but barring an emergency the saving ramps up next month cause I'll have the truck paid off and there's an extra $1k per month.
June 21, 2017, 10:17 AM
Ironbutt
My wife & I are both retired. With our SS, pensions, 401Ks; some months we're able to put $1000 in savings, but usually it's more like $500.


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"It's hard to imagine a more stupid or dangerous way of making decisions, than by putting those decisions in the hands of people who pay no price for being wrong."
Thomas Sowell
June 21, 2017, 11:39 AM
cas
-$243


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Sliced bread, the greatest thing since the 1911.

June 21, 2017, 11:51 AM
nhtagmember
about $2k per month - not as much as I'd like but at least its always something - will probably go up when the Ferrari payments are finished



[B] Against ALL enemies, foreign and DOMESTIC


June 21, 2017, 11:53 AM
Skins2881
quote:
Originally posted by cas:
-$243


Oh I've been there. After divorce I was running a four figure negative budget per month for two years+. All my savings and retirement was consumed. This was while working two jobs totalling over 60 hrs per week. Was not a fun time.



Jesse

Sic Semper Tyrannis
June 21, 2017, 12:21 PM
PossibleZombie
We are in a one income household since my wife hasn't worked in the last 15 years. We save/invest about $2k a month. We both recently got new cars so we are working on paying those off and pay a few hundred extra on the house payment each month. I plan to retire in my 50s so we prioritize our funds accordingly.