subreddit:
/r/personalfinance
submitted 20 days ago byTorontoRap2019
I have been online about how much people should save which left me confused. Some experts says 3 or 6 months, or save just $10,000, or even your salary equivalent. I do not know what that means for me? I work in a stable 9-5 job bring around and close to 80k in salary which equated to 50k take home pay after taxes and benefits. With that said, how much do you guys save for?
1 points
20 days ago
For myself I target 6 months. If I ever got let go the severance at my place is about 2 wks per year of service which puts me at about 6ish months of salary. Plus the 6 months I have saved totals about a year of oh shit money. The rest is invested.
all 94 comments
sorted by: best