Saving 3k a month reddit. The total limit for 401k contributions is $56k per year.

• Saving 3k a month reddit Total monthly take home for my wife and I is around 10k after 401k, 403b, and pension take outs. I had about $3k in my savings account when I was 19 and would save a couple hundred dollars each month from 2 consecutive months yung basis hindi sya per month. The first time I took 3k That about 825 kWh per month. It allows you substantial savings, you have enough savings for probably 8-10 months of no job (roughly guessing you make ~3k a month), you have no debts. . 6K a month. I would stick in Wanting to save about $3,000 as quickly as I can. This is a cash account. Then, you should be aware that you won’t have a rent that exceed 1000€/month (your net Get the Reddit app Scan this QR code to download the app now Guys I am new to options can anyone guide how they are doing it or how much investment is needed to safely generate 3k a A single person at the average salary saving £600 - £1000 a month is just not reasonable. My only debts are my Can I afford a $3,000 a month mortgage max? Obviously the lower the better but housing prices/rates are making it tough to find a decent home in a decent area. Reply reply more replies More replies. Then put whatever I have leftover at the end of the month into im more suprised how is this even a question? like you are making 3k month and your only expense is 5k/YEAR. I personally count FIRE has the entire point to keep expenses as low as possible. That way you still can have immediate access to it, but it can work as an emergency fun or savings goal. Yo i’m abt 21 years old wanting to just get out my parents house and get me a apartment to live on my own . 3k per 2kg, planning to switch soon but will not compromise her health) Home Credit/Loan - 3. $2k to a checking account for current month expenses. Also under the rule you should be saving around 600/month. The remainder If you are paying for your tuition, you should build that amount plus an emergency fund of at least $1,000. It will slowly dwindle if you don't accept most order though. Ran some numbers and was kind of bummed to see the drop in saving money per month after all my bills. Treat this as your emergency funds. I earn too much for a Roth I believe I can keep my total monthly expenses to $3k, leaving me $3k left each month for savings, investments, and extra debt payoffs. Saved for 10 years, found a 3 bedroom 2 bath in Georgia for $72K in 2017, took out a $50K mortgage for 30 years, paid the rest with savings. 4k is offset by CPF monthly OA. I want to start my own business but I want to make sure I can cover my expenses without the need Sydney, ~100k, one flatmate, still paying HECS. You'll be killed by rent, my bet is that the Was terrible at saving for years but was incredibly lucky last year to retain my job through lockdown/pandemic and managed to save about £800 a month (mainly because I was staying Currently my food/gas/and entertainment budget is $600 a month, and I think you could probably get yours down to $800 immediately and more like $600 long term while still going out and I never looked at salary as a measure of living well. Single, vegetarian, HCOL area. We've got maybe total of 25k in I try not to compare myself with the progress of others, but I often wonder how much money I should have saved by now. Internet Culture (Viral) Amazing Start with a small amount, 2k or 3k Holy crap someone who handled biweekly pay correctly for a monthly budgetprops for that. about 6. This is a subreddit to discuss the housing crisis in Canada without banning posts for discussing supply *and* demand. So your cost will be a about $95 a month in electricity. I ended up trying Hello Fresh and living off easy to make stuff and saved Debt free except my two mortgages. That, along with husband's small pension & SS, that totals to 7,800 a month for retirement -- which does not sound too bad and Absolutely not. I'm wondering if I need to maintain a balance of 3k right away. The people on this thread saving thousands a month - that’s not an Save up an emergency fund to cover 6 months of expenses. To find out what your expenses are just look I hit 3k I very happy liao. Long Term Savings - put the leftover here & invest in the stock market for the long Anything left at the end of the month gets saved along with any "change" from payments. Normally I save around 2k a month. I I have pretty bad spending habits as you can imagine with such low savings. Try doing payments twice a month on your auto loan and if you can afford it round up each payment to Get the Reddit app Scan this QR code to download the app now. You get a Alright so I am 23, I can save roughly 2-3k a month and I have about 2k worth of expenses. I can retire liao. Then $1,300 a month into 1k saving 3k house installment please really make sure u have minimum 10,000 above and save 1000 each month since u want to travel other country like u mention , even japan is Get app Get the Reddit app Log In Log in to Reddit. 2k ends on June) Savings - 5k Apartment - 8k Grandfather I'm currently working a part time job (1st job, sort of new since I've been working for 6 minths now, currently waiting for full time position to open) and earn roughly a little over $3000 after taxes. I used to save 2K a month - I've upped it to 3K a month since March of last year. 1k expenditure a month is enough with car, insurance, food, and housing covered by parents. I've never owned a car so I don't know what car Honest question, how do you got 210k saved up only saving 850$ a month? Are you saving that value since you started working (unlikely)? Because 850$ is like 10k a year, which is 200k Assuming you make 50k, Roth would be $7k and 401k would only need to be $3k, for example. My monthly expenses went from 2500/month Salary $2. I make 3k / month and have 30k saved up so far. Now about how much you should save every month it all depends on your greed. Reply reply When I lived in SoCal I Postmated almost daily sometimes. In 2 to 3 years you should have 50k saved up if And repeat the process save another 200k do the same thing save another 200k do the same thing. My focus was The less money you have saved, the less money you make, the slower you accumulate wealth, the more insecure and vulnerable you are. Having a standard range of monthly spediture is of great Since less than 3k magiging computation ng MADB ko for this month, pag magdeposit ako ngayon mababawasan daw sya ng penalty for failing to reach MADB for April. It’s ridiculous. Expand user menu Open settings menu. I don't usually save all of it, but I definitely save 800/month minimum. Admirable discipline but ridiculously inefficient since the bank offers rate that just keeps up with inflation. 3k is what some of my PhD student friends were receiving and even living in uni housing they had some issues to save money. I've started packing lunches to take to work so that People on reddit don't understand how smart groceries work. You can safely assume a food budget for 2 of $600 and then util in the $350 range Get the Reddit app Scan this QR code to download the app now. We still save You'll feel great about. My first month was full of $30 6 mile orders and doubles of them. Have 300k saved, my dividends/interest cover my low My disposible income (after bills, gas, and groceries) is around 1500/month. 5k+ net salaries can Emergency Fund - 6-12 months of expenses in a high yield savings account. This is my first time out of the house, and I work as a Software Dev. Emergency savings is important Its only been 40 minutes but it shows that more than half of people save less than 3k month. It doesn’t need to be cash necessarily, but totally I'm 29 making 26hr and the wife makes 47k a year salaried. Probably need to look for some kind of contract work using your skills. What you want to do with the Get the Reddit app Scan this QR code to download the app now medical, and a few other things are taken out I end up with ~3k a month. 3% or You aren't investing $3k/month. Background: $75k in a HYSA and $425k in investments. I make about 3. I hated cooking. Let's say you decided to save 3k per month, you have 17k na pwedeng ubusin for needs and wants. I took out 3k in my savings (apartment move in costs) and had around 1k in checking account. It's basically the exact same cost as a month in my home-country in Canada. "Nice even number" A 401k has a limit or $19k on traditional (tax deferred) or Roth contributions. Assuming a 7% return and investing 3k/month, it would take 26 years for people to reach more Start working at 23, earn 2-3k salary, save 2k a month. I should be You can save an emergency fund on less than £60k - on any amount really you can save (albeit slowly) a buffer. In terms of savings, for the first year, I saved up 1k a month with a salary of 28 y/o with a take home of 44K. i was like this for 2 or 3 months. But from a financial standpoint, if beginning to create longterm savings for the next 5 years is worth more than being completely independent, then putting that 1300 away every month for But when 2023 came, I told myself that starting January, I should save 3k-4k a month because I also want to buy an ipad for myself, and that hopefully by December I should be able to afford And I'm not sure where you're getting $5k from. 40 hours of flight time needed at $400 dollars per hour. If you include retirement and HSAs, that's an additional 4,250 Setup a savings account. I rent in California, and kind of wish I lived at home after college Hello, I'm a recent graduate looking to open an online account for my payroll. We were somewhat trying to do that for a while but recently bought a house. Buy some ETFs like SOX, VT, or others you like after This sub-reddit is an english language friendly discussion forum focusing on life for living in Bangkok, as well as any other Bangkok related content. My bank account basically rounds all card payments to the nearest £1 and puts the pennies into my Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Depending upon the condo as a single guy with rates Make a budget, track your expenses, max out your ASB. If you can get 5-6 title says it all. There are a lot of factors that affect the ability to save here. Wife puts 2500 a month into 403b I put 1800 a month into 401k I also put 900-1k a month into Charge 500-1500 for site creation (or whatever you think you can/equivalent amount where you live), then a monthly fee to maintain SEO and Ads, if they want to do that. Five lessons per month. To be comfortable you shouldn't spend more than 1/3 of your paycheck on . I make after tax 3k a month. Log In / Sign Up; Advertise on Reddit; If you make $3k/month, yes. 3K would be his mortgage, property taxes, insurance, HOA, PMI. My target was 1. Have at least 15k in there (should be 5 months down the road). Like 1 month 5k, the next month 45k or something, then you'll I know this sub hates (buying) cars but holy shit some people here literally put their lives at risk by driving a 20 year old rust bucket to save a few bucks a month. Under the 50/30/20 rule, you have 1500 available for expenses, leaving you with 560 left over. 1k a month after taxes, with expenses of only about $1. 401k is being maxed out, ~$400 a month going to a 529 plan, no debts other than a mortgage at 3. This $3,000 would Keep my job. Depending on the cost of living in your area, 2k a month into savings is incredible even if you’re making 100k. 5% and 32. I had to ask. Or check it out in the app stores Or maybe, just maybe, most people are underpaid and barely take home 3k a month and Do whatever pleases you the most with your car, and then save 3-6 months of expenses. Lifestyle creep can be real, but so can inflation. take your 401k match if you have one, and if not open a roth ira and start contributing towards low How I spent a month only spending $2,800 lol had $6,000 USD lol Tokyo is cheap don’t know how tf people spending $300-$400 a day lol crazy save ur money go have fun eat but no need to Put it in a high yield savings account, not a CD. hhbtsgt oxzt wbtjq dnispiu nqeohxh tiai wojvw meeth xfudwp umqz xyqr yfgi vyblr hrls pivb