Post # 1
This is a question about money. Its not a question about how much money you make. Its a question about how much money you save every month without feeling like your starving or don’t have enough to out to dinner. And the second part of the question is how much free time do you have?
This is an interesting subject that was brought to my attention by another teacher. This teacher teaches abroad. She told me she makes much less than most of her friends in the states. But, she has more free time than most of her friends. And she is able to save more per month. Interesting. It got me interested when I started thinking about friends who make much more than I do but just make ends meet every month. Of course when you live abroad especially there are drastic differences in the price of living. But, its still a very interesting question that can apply to all.
I will talk about myself first to be fair. I’m a teacher abroad. I make much less than other people in the states. But, I’m able to save about $1,000 per month after paying all my bills and I am still able to live comfortable.
Post # 2
I am a nurse in the midwest and I am able to save about $400-500 per month, as long my credit card balance is paid off/no major surprise expenses pop up. Starting in June or so, I’m going to divide it up to save $250sh for my own personal savings, and $250ish for the wedding. I wish I could save more, though!
Post # 3
I work in retail as a part time SA,so I get a misery 😛 Thank to my SO,who lets me live at his house for a minimal “rent” to help cover expenses,I am able to save around 150 a month.After those money are out,about half of what remains goes to my so,and the other half is for me to cover my personal expenses,like hairdresser,wax and my phone bill,bus tickets and the occasional little shopping.By the end of the month I’m basically left with nothing,but that’s fine as long as I’m able to put those money aside every month.
Post # 4
I save $1100/month in addition to my investment contributions. I am able to do this because DH pays much of our bills, and we live in a place where its hard to spend money out of boredom. Unless you count online shopping, which I am horrible for!
Post # 5
- Wedding: January 2013 - Harbourfront Grand Hall
chica95110: Yikes, apparently I need to step up my savings! I save $300/month in a seperate savings account that is used for big bi-annual bills or unexpected expenses. I work 40 hours/week, go to school part time and volunteer approximately 10 hours/week so once I finish those things, house work and personal care I don’t feel like I have much free time besides a few hours on the weekend. Of course I use those free hours to shop quite often so maybe that’s my problem….
Post # 6
My husband and I automatically transfer $1500 from our checking to our savings account. And we both put away 10% of our pre-tax earnings to retirement.
Post # 7
I am currently putting 1800+ a month and SO puts probably 300 a month. Thankfully I have a SO that is able to pay all of the bills besides my visa and student loans, in exchange for putting money towards wedding and down payment on a house. We live pretty comfortable with the money that we have left over
Post # 8
I save $200 from each paycheck, so $400-600, depending on the number of pay periods in a month. FI is in law school right now, so he’s obviously not saving anything. While he’s working this summer, he’ll be saving the same $200 from each paycheck that I do.
I also put the max amount that my employer will match each paycheck into my 403(b), which is the same thing as a 401(k), but for non-profits.
Post # 9
10% of take home. Which is pretty good since I pay 800/month in student loans. Also, i’m single. Double income sounds like a dream, lol.
Post # 10
I save $500 every month and put 8% of my pretax income into a 403(b). I’d say my SO and I split our bills about 50-50. I live in the northeastern US near a major metropolitan area. I am salaried, work full time, am completing a dissertation for my PhD part-time, and live with my SO…my free time is on the very low end of the continuum I’d say!
Post # 11
Between my husband and I, I think we save about $5000-6000 per month. We aren’t budgeters, but we are DINKS both working in a lucrative industry, so the savings just happen.
Post # 12
I save anywhere between $500 & $1300 each month. It’s usually toward the higher end. When I have ‘surprise’ bills (bills I don’t pay every month) it’s near the lower end. For instance car insurance, property taxes, etc. FI doesn’t make enough after all his obligations to save.
I work 40 hours Mon-Fri. FI normally works 40-50 hours with Mon/tues off. Right now he has to work 5 weeks straight. No day off 🙁 boo. Because of that, we rarely go out so we don’t spend much money.
Post # 13
- Wedding: June 2013 - Upstate NY
Northeast; teacher; so I have a good pension. We are also DINKS right now so I save $200 plus $200 retirement.
Post # 14
Right now I’m putting away $700-900 a month into my savings, and FI and I together are putting away $200/month for the wedding. This doesn’t include my pension or long-term investiments which automatically come off my paycheques and are matched by my employer.
Keep in mind we are currently in our starter home, so we are actively saving to build our future home. That will be about $500,000, so we need to do some hard core saving!
Post # 15
i’m a researcher on the east coast, and make much less than my friends. my living expenses are VERY HIGH.
i save about $800 a month, barring any unforeseen expenses. i also make pretty significant student loan payment each month of almost that much, and we are not putting anything into retirement right now (until our student loans are paid way down)