Personal Savings Advice
The cluster focuses on advice for aggressively saving money, building large emergency funds, living frugally on a portion of income, avoiding debt, and investing for long-term financial security and early retirement.
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Save up a year of living expenses.
Are you sure you will manage to keep saving your money till end of life? (thiefs, tornados, unexpected problems)
Save and invest as much as you can. 10% of income is a good goal, more if you can do it.
Just save a "little" bit? you should be aiming for 1k savings per month
Do work, save, don't go into debt, invest.
pay bulk of your salary into a savings account. get used to living on say, 20% of it. you'll see pretty soon if you're 'following you dream' or getting hooked on cash
Aside from an emergency fund of more than 3 months of living expenses?
Find someone who earns half of what you do (after tax), live like them, put half in the bank before you do anything else.
Sound financial advice would be having an emergency fund of several months of expenses. You're doing it wrong.
I would build up more savings - two months of expenses isn't much.