(Closed) How much money are you saving every month?

posted 5 years ago in Money
Post # 3
478 posts
Helper bee
  • Wedding: May 2013

@Ninteenthchance:  I try to save $250 a month. :-/  I would like it to be more…

Post # 4
751 posts
Busy bee
  • Wedding: November 2013

@Ninteenthchance:  With a mortgage, utilities, gas and food for us and 3 dogs and 2 cats, we only end up with about $200 each for savings. Wish it was more. 

Post # 5
9053 posts
Buzzing Beekeeper
  • Wedding: June 2010

We don’t spend my pay cheque in our day to day expenses at all.  Mine goes toward extra mortgage payments, retirement savings, and short term savings goals like trips, furniture, other larger non-standard purchases or an emergency fund.  But I guess as ACTUAL savings??  I’d only count our retirement fund since that’s the only money we don’t intend to spend for a long time, so I guess about $500?


Post # 6
9677 posts
Buzzing Beekeeper
  • Wedding: September 2013

$1000 per month right now between us both, as far as my actual savings account.  A lot of the recent savings  (about a years worth) will go towards the wedding. 

Post # 7
6123 posts
Bee Keeper
  • Wedding: August 2012

Just in general saving?


We are saving about 45% of our total income (29% is pre-tax retirement, 8% is post-tax retirement and then 8% in general savings – sometimes that is more just depends on that month’s expenses).  That is over $5k each month that we don’t see or touch.




If you haven’t yet, I would first suggest that you two keep track of your expenses together.  I like to use Excel and I have a tab for every month.  It will take a couple months to get some good averages. 


On each tab I have categories (housing, food, eating out, clothes, car, health, etc).  I am able to see where all of our money goes so I should be able forecast what is left in my checking at the end of the month (we are both paid on the first).


Knowing these trends and averages, I am able to forecast what is in our checking months from now.




Post # 8
8576 posts
Bumble Beekeeper
  • Wedding: October 2014

Saving for..? Wedding? Retirement? Extra?

Need to know more before I can answer!

Post # 10
1159 posts
Bumble bee

I save about 800-1000 a week on my own. I aim for $4000 a month but probably only save around $3000 after i dip into it.


No idea what my fiance saves per month. I reckon it would be about $1500. He earns less than i do and has more expenses.



Post # 11
125 posts
Blushing bee
  • Wedding: September 2013

Saving.. I wish. I went back to college full time so everything I make gets spent on rent or groceries. Fiance probably saves $300 at the most because he pays a lot of the extra bills I can’t afford. I graduate in May so our savings should go up quite a bit, finally!

Post # 12
2685 posts
Sugar bee

We save between $1000 – $2000 per month after mortgage, 2 car payments, utilities, and other living expenses.  We’ve been paying for updates to our backyard, so it’s been closer to $1000 for the last few months, but at least we’re still saving.

Moving in together is a great opportunity to save on monthly expenses.  We cooked more meals together, shared utilities, and used less gas driving to each others’ apartments.  I recommend keeping a Google doc or spreadsheet to track how much you both are spending on living expenses.  After a few months, you’ll be able to identify where you can save money.

Post # 13
1161 posts
Bumble bee
  • Wedding: June 2013

@Ninteenthchance:  I’ve always had such a hard time saving and keeping it off limits. So I’m doing the 52 week challenge. I started at the beginning of the year and you put one dollar in savings the first week of the year, then the next week you put two dollars, then three…so your last deposit in the last week of December is $52 and altogether you will have over $1300. It’s not a crazy amount but it’s a start. On top of that I also try to put $100 here and there in savings.

Post # 14
2981 posts
Sugar bee
  • Wedding: August 2011

We put $1000 a month into savings. I put $200 a month into my personal “fun money” account.

Post # 15
3552 posts
Sugar bee
  • Wedding: August 2014

I graduated from college last year and burned through all of my savings trying to keep us afloat untill we got jobs. I got down to about $100 in savings before paychecks started coming in. I took my savings divided by the number of months I’ve been working and it works out to about $800 a month which is approximately 40% of my take-home pay. I feel like I’m doing pretty good for someone my age and at my stage of life.

Post # 16
468 posts
Helper bee
  • Wedding: April 2012

2000 euros a month, into two savings accounts with okay interest rates. 

We only combined our finances a year ago, and we”re on fire! We are pretty frugal though, and have REALLY cheap rent. When we move somewhere else we won’t have such low living costs, which is why we are saving as aggressively as we can. I am really glad we are on the same page with financial-goals 

The topic ‘How much money are you saving every month?’ is closed to new replies.

Find Amazing Vendors