Need to save atleast 20% of salary Go for savings investment plans which deducts a part of salary from your account and gives you good returns in future and will also help in tax benefit purposes..thats the only way to save money who has a fixed amount of income..
this is a valid Idea. but every person can't afford to save 20% of salary every week. lots of people don't even getting that much money that they can feed their family properly. but yes try to save as much as you can because these small savings will help you alot in future.20% can be quite a lot for some people. For me for example a lot of my income goes to monthly bills, like rent, phone, internet, insurance etc.
On average i try to save at least 10% every month. Sometimes i succeed, but there are times i don't
20% is too high for the average person to safe. Everybody got bills and need money to life.
Only if you have a very good salary you can perhaps safe that amount. On average 10 to max 15% is the max I think
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Lol it was his opinion of course he made a calculation that in accordance with their circumstances of life and income. Of course you are free
to formulate how much salary can you save and invest. of course it's up to you and you can formulate the investments according to your ability
