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Originally Posted by BadlandZ
Retirement 15.00% $431
Savings 10.00% $288
What am I doing wrong?
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I think there are very few people in any income range who are saving 25% of their income. Certainly, folks earning 46K probably aren't. Knock the total savings down to 15%. Take the other $288 and put it toward debt repayment - first the car loan, then the student loan. Once those are paid off, you can put that money into savings for the next car or for emergencies.