The Saving Advice Forums - A classic personal finance community.

new here and just don't know what to do!!

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • new here and just don't know what to do!!

    I want to make a strong budget and start putting away more money for savings, after we may all of our bills we have about 2100 left over for the month, I love to shop and now I have come to my senses we need to put more back for savings!!!, with the 2100 a month we still have to pay for gas for him to go to work, and we eat out alot, right now I just put 400 a month away, In reality how much should I try to stash away for savings, we also have almost 9000 in credit card debt!
    Last edited by Savingmommyof3; 05-18-2012, 08:00 AM.

  • #2
    Welcome.

    In order to give the best possible advice, we need more information. If you could post your income, your expenses and your debts (balance, payment and interest rate) then we can start helping out.

    The simple answer to how much should you save is 20%. 15% for retirement and 5% for other stuff. But the details of your situation will allow us to give much better advice.

    By the way, I deleted your duplicate thread.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

    Comment

    Working...
    X