Monthly Savings!

blessed81 · March 2015

how much money do you all save a month in your savings/emergency account? Not including retirement.

hoffse · March 2015

I guess about $3500/month if we aren't including Roths - but it's all allocated to house renovations, vacation, etc.

lifeonthehill · March 2015

During the school year we save at least $2,000 each month.
During March we save about $1,000 because I am out of work.
This summer we wont be saving at all, we chose for me to not work my housekeeping job because honestly I hated it. We also are hoping this will be our last child free summer so we want to spend it doing things together. Things cost money.

We use this money for a variety of things. New car fund, college for me, E-Fund, baby fund, and vacation fund are some examples.

als1982 · March 2015

Not counting retirement and extra student loan payments, per month we save $1,000 for home improvements and between $500-$1,000 for vacation, depending on what we've got on the books.

jessica490 · March 2015

We probably save anywhere from $500-$1500 per month that goes into different savings accounts

simplyelise · March 2015

We're in debt-payoff mode, so right now we're only saving $100/month towards a car repair/replacement fund.

AprilZ81 · March 2015

Before I lost my job we were saving 95% of my salary for various goals. Now we are saving about $500/month for ROTHs and savings.

bmo88 · March 2015

Currently, we are in debt repayment mode. So we allocate of lot of income to overpaying our debts. But, outside of retirement savings, we do allocate about $1,500 a month to emergency/general savings.

JoanE2012 · March 2015

After retirement savings, we save at least 75% of my take home pay, allocated to different savings accounts. DH probably saves about 20-25% of his take home pay.

vlagrl29 · March 2015

It honestly varies each month depending on how much money I make on gigs each month. At least a couple hundred minimum each month.

cbee817 · March 2015

Right now, we're at about $1,500/month but that will double, and some months triple once the girls are out of day care. DD#1 will be done with day care in September so that will free up at least $800/month. Throughout the year, the money saved is moved to our Roth IRA accounts and the girls' 529 plans ($21,000 total).

dragonstarjk · March 2015

Not including my Roth and HSA, our auto savings is $100 to vacations, $100 to home improvements, and $100 to gift/shopping/general fund. If we have extra in a month, we dump that into the home improvement savings.

mana8503 · March 2015

$400 month goes into savings, $400 into house upgrades.

smbenevides1989 · March 2015

We are also in debt repayment mode, so most of our money gets saved into an account and then at the end of the month gets disbursed into the CC/loan. This totals anywhere between $200-800 a month.

We do save $40/week in the kids savings accounts and the Christmas Club.

Wulfgar · March 2015

I am one of the lower earners on this site and we save roughly $300 a month. $100 to our housing/ e-fund/ annual/ semi-annual account. $100 a month to our vacation/ joint checking account. Finally, $50 each roughly to our own savings accounts for misc. expenses that we have. This doesn't count the whopping $50 a month total to our children's 529 accounts.

Then again, we are trying to balance home repairs and debt repayment on top of our other living expenses.

Mustard76 · March 2015

We save $1200 a month to our house account and $400 to our general savings/e-fund.

formerlyGDaisy09 · March 2015

I think we earn a fairly average income, but live in a HCOL area and have a decent number of SLs we're paying off, we put about $500/month into savings. we do make pre-tax contributions to our employer-sponsored retirement accounts I'm contributing 7% right now (counting vested employer match) I'm not 100% certain what H is contributing, but it's more than me. The goal is to be both at at least 15% in 2 years...not ideal, but we work with what we have, since we didn't get to 15% in our 20's we're planning to get our contributions up to 18-20% in the next 5 years, we'll see how that goes.

juliebeannn · March 2015

$1500 to various savings accounts. This summer it should rise to about $3000 (we're both due for sizable raises).

andkatiesays · March 2015

Outside of retirement, we save around $3500 monthly in various accounts. Car, vacation, home improvement, and taxable investments.

Monthly Savings!

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