Re:Ask HN: Average savings per month?
by stevenspasbo on Tuesday June 02, 2015 @12:46PM
(#9647095)
I live in Oakland with my girlfriend and we rent a 1 bedroom apartment.
My roughly 7k (pre-tax) a month goes to:
28% Taxes
10% Rent
15% ESPP
7% 401k
4% Vanguard
Most of that is automatically deducted (except for rent), and I usually end up with only a few hundred at the end of the month, meaning I'm saving about 25%. The rest goes towards groceries, car insurance, student loans, and way too many concerts/restaurants/nights out with friends.
I should probably increase my savings considerably but I like the lifestyle I'm living too much.
My roughly 7k (pre-tax) a month goes to:
28% Taxes
10% Rent
15% ESPP
7% 401k
4% Vanguard
Most of that is automatically deducted (except for rent), and I usually end up with only a few hundred at the end of the month, meaning I'm saving about 25%. The rest goes towards groceries, car insurance, student loans, and way too many concerts/restaurants/nights out with friends.
I should probably increase my savings considerably but I like the lifestyle I'm living too much.