How much money do you guys save each month?

For a long time, it was $0.

Now I save as much as feasibly possible. tl;dr my work schedule is erratic at times so I have to make sure I can pay my insurance premiums when I'm not getting regular paychecks. So I save a ton when I can, so I have money when my hours are low. I won't be able to put money back into the savings account until late September/early October.

Let me tell you, it is 10x easier to save money when you have a savings account.
 
I'm earning a full time wage and living at home so my monthly expenses are pretty low. I put about $500 away every week, which equals to $1k every paycheck. It feels very nice having money saved up because you never know when you might need it. And you have the freedom to find something worth buying or investing in with that money.
 
colours said:
I'll one-up you with that: assuming I somehow quit pizza and stick to like, fruits and vegetable and beef and other stuff, then I'd save literally hundreds.

Sadly, and unfortunately my picky taste buds have won every single war they've been in and probably will for the foreseeable future.
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Possible fixes:

Homemade pizza!

Buy frozen pizzas in bulk

work at a pizzeria and get employee discounts on pizza
 
Ehhh depends on the month, but usually between $500 and $800. I've gone through a really rough month and I'll be lucky if I can save anything for a few months to make up for it. I'll probably be saving less now that I live alone too, rawr.
 
Uhh rn I'm getting about $700 each pay check and I typically put away $500 of it. So my savings is pretty healthy rn but I have a lot of expenses coming up :(
 
I managed to save up 12 grand but then I bought a new car instead of being sensible
 
My expenses are quite low right now, as I'm back living with my parents.
Roughly $4k-$5k per month stays saved in the bank.
Trying to save up now while I don't have to worry about rent or mortgages.

For many years whilst doing various courses etc I was broke so it is definitely a nice change.
Have yet to leave the country so would love to book an overseas trip very soon.
 
In an ideal world I would be able to hold back at least $200-$300 a month. But I think the general rule that most financial experts would tell you is to hold back about 10% of your paycheck each cycle and to make sure that you're able to save up enough money to cover a few months of expenses in case the worst should happen.

Sadly I only have a whopping $0.36 in my savings account right now. :')
 
I have been saving as much as possible for the last 2 years; ever since I started working co-op terms. That not only gives me work experience, but also saves the trouble of taking out additional student loans. So my loan amount has been stagnant. Unfortunately, a significant amount of my current savings will be used towards repayment.

Must say though, I am rather proud of myself for having saved the amount I have considering other students may not have the same luxury.

abarai said:
My expenses are quite low right now, as I'm back living with my parents.
Roughly $4k-$5k per month stays saved in the bank.
Trying to save up now while I don't have to worry about rent or mortgages.

For many years whilst doing various courses etc I was broke so it is definitely a nice change.
Have yet to leave the country so would love to book an overseas trip very soon.
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I mean, not any of my business, but $4000 or $5000 saved per month sounds like a hefty amount! Unless you're not speaking to the amount of your monthly income going into savings and you're referring to the total...
 
when i remembered to put aside money i'd save about $300 a month which i think is a pretty good chunk of change for a minimum wage paying job... however i did live with my parents at the time so my expenses were minimal to non-existent.

i'm currently a full time student so i the only dollars i see are the ones coming out of my pocket. :,(
 
Raine said:
I mean, not any of my business, but $4000 or $5000 saved per month sounds like a hefty amount! Unless you're not speaking to the amount of your monthly income going into savings and you're referring to the total...
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No problem mate, I don't mind you asking.
That's how much is saved. My spending money is quite low, pay for petrol, gym membership and health insurance. Don't have to really spend anything on food right now either. If i was away from home renting again the amount being saved would obviously be significantly less. This is also $AUD, which currently converts to $0.76USD per our dollar.
 
abarai said:
No problem mate, I don't mind you asking.
That's how much is saved. My spending money is quite low, pay for petrol, gym membership and health insurance. Don't have to really spend anything on food right now either. If i was away from home renting again the amount being saved would obviously be significantly less. This is also $AUD, which currently converts to $0.76USD per our dollar.
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Benefits of living at home with parents versus having your own place.

In this day and age, I feel like the standard of living everywhere has increased, which makes it hard for entry-level individuals to build their own foundation. I'll probably end up living with my parents for 1-2 years before moving out since my sister already has plans to. She's been helping out with the mortgage until she does and thus begins my turn.
 
$0 cause i got no income yet. i will really soon. My work schedule is really inconsistent and I technically haven't started yet (was supposed to over the weekend, but couldn't). Ill probably save all of the money I earn except spend a little on dating... if i date.
 
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