(Closed) rude question…

posted 6 years ago in Money
Post # 4
Member
1471 posts
Bumble bee
  • Wedding: November 2013

I wont bother you with explaing my details, but I save about $1000 US a month. That is about 1/3 of my income after rent, pension and insurance, but before groceries/ transportation/ student loan/ other expenses…
That money is to go to a bunch of things though (airtickets, immigration costs, postgrad/graduate study). Its also hard to compare because the cost of living (and incomes) can vary so much around the world.

Post # 5
Member
309 posts
Helper bee
  • Wedding: April 2014

You are so organized! I have no idea, I really should plan things better. Based on your breakdown though, you don’t every splurg and buy something for yourself? Fancy dinner, pair of shoes, etc?

Post # 6
Member
1114 posts
Bumble bee
  • Wedding: July 2013

I don’t have a particular number as it depends on what we spend that month!  But usually we’ll transfer the remaining money out of the current account that’s left at the end of the month the day before payday, which can be anything from £50 to £700.  We’ll be able to save basically my whole salary once I start my ‘real’ job in a couple of months so our savings will increase hugely!

Post # 8
Member
35 posts
Newbee
  • Wedding: September 2013

After paying for bills, and budgeting for groceries, utilities, eating out, entertainment (movies,shows, etc) we save roughly $2000 between the two of us monthly. As much as we spend a lot, we are also very aware of where our money goes. the Fiance is amazing when it comes to finances, so he tracks everything. we plan on paying for our entire wedding in cash (no credit card), and since we are paying for the entire wedding ourselves, our saving has gone into overdrive. ๐Ÿ˜‰

Post # 10
Member
5428 posts
Bee Keeper

$0.00 – we don’t save at all – there are too many people on my ass who want my cash!

“First me then you, okay?”

That’s my life! sigh

 

 

Post # 12
Member
5428 posts
Bee Keeper

@Pokemon:  Yes, IRS is American and Revenue Canada is Canadian.

Post # 13
Member
545 posts
Busy bee
  • Wedding: September 2017

@happyface:  haha i love comics that perfectly describe life.

not mine though, I’m still in school, the SO’s done and works full time. We both live at home so lots of disposable income but we’re saving up for a house so here’s a general break down.

He makes a little over $2400 a month net. After car insurance & repairs, gas, gym membership, phone and food, he saves about half his pay (unless there’s a new game out he really wants or console).

With my set hours (24.5 hours ๐Ÿ™ biweekly) i only make $1000 a month net but if i pick up extra shifts or holiday pay, i could make as much as the SO. I don’t have to pay for anything aside from food outside of the home, clothing and entertainment so i save 75% or more usually. 

I’m trying to max out how much i can contribute to my TFSA ($5k/year) and i don’t want to touch that money until retirement.

Post # 14
Member
383 posts
Helper bee
  • Wedding: September 2013

We save a minimum of $650 every month. I make $2340 a month net, I put $650 a month into our joint savings account. If I have money left over at the end of the month I’ll put that into my personal savings sometimes it’s a little as $25 and sometimes it’s a couple hundred. Soon I’ll be able to put more into my personal savings since I’ll be paying off my car next month.  My personal bills are student loans, cell phone and car plus insurance. 

Fiance pays all of our household bills out of her paycheck. I’m really not sure how much her paychecks are, I just know that she makes more than I do. Fiance is horrible at saving and budgeting, so our method works for us. As long as I put money into our savings and she pays the bills we are both happy and are free to spend our money as we please. 

Post # 15
Member
172 posts
Blushing bee
  • Wedding: September 2012

Since I am still in grad school, my mothly income is not much. I take home about $1600 per month and $600 goes to rent. Fiance pays the rest of the bills out of his paycheck and I spend about $300/month on lunch, groceries and household needs then the rest sits in my account. Monthly direct deposit means I don’t see the money so I am less likely to spend it but I also don’t feel bad if I spend it on dinner out, shopping, travel, etc. Once my account is over $5k, I transfer 3-4k into our joint savings account which will happen as soon as this month’s check hits.It’s a pretty unscientific system but Fiance is really in charge of our accounts and we mostly live off of his income so mine is our discretionary spending. However, I won’t have any income starting in November but I will move to him so my rent payment will go away.Once I have a real job, our goal is to continue to live off his salary and save 90% of my income with the goal of buying an investment home on a significant downpayment. Our real problem is not saving but investing, we save into a bank account but with interest currently lower than inflation it’s not a smart move. I think investing needs to become our 1st post-wedding priority.

Post # 16
Member
7777 posts
Bumble Beekeeper

We put $600 a month straight into savings a month. It’s allocated right out of DH’s paycheck, I’m a Stay-At-Home Mom at the moment. We never spend all of what’s left over though, so I would say we save upwards of $1000 a month.

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