A common recommendation for savings is to aim for about 20% of your salary. However, the ideal percentage can vary based on individual financial goals, expenses, and circumstances. Saving anywhere from 10% to 20% is generally considered a good starting point for most people, while some may choose to save more, especially if they're planning for specific financial goals such as retirement, education, or major purchases.
What percentage of your salary should go to savings? (1 point) Responses 5% 5% 10% 10% 20% 20% 50%
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