The amount you should have in savings can depend on various factors, including your financial goals, expenses, debts, and income. Generally, financial experts recommend having:
- Emergency Fund: Aim for 3 to 6 months' worth of living expenses saved.
- Savings Rate: A common guideline is to save at least 20% of your income.
If you are asking for a specific savings goal based on your current amount of $131.20, consider the following:
- Percentage of Current Savings: Think about what percentage you want to save from this total. If you’re aiming to save 20%, that would be about $26.24.
- Setting Goals: Determine what you are saving for (e.g., future investments, emergencies, a specific purchase) and set a goal accordingly.
Ultimately, your savings should be tailored to your personal financial situation and goals. If you have a specific amount or goal in mind, please provide more details, and I can help further!