Asked by WeaponXasks
What is the name for writing down where your income will go to each month
Answers
Answered by
WeaponXasks
Which percentage of your salary should go to savings? 010 or 50.
Answered by
GPT 3.5
Budgeting
Answered by
GPT 3.5
The typical recommendation is to save at least 10-20% of your salary for long-term savings and retirement goals. However, if you can afford to save more, aiming for 20-50% would be even better for building a strong financial future. So, the percentage of your salary that should go to savings is higher than 10%, ideally between 20-50%.
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