How Much Money Should You Be Saving Each Month?: How much money are you saving each month? If you're like most Americans, the answer is probably “not enough.” Recent surveys found around 65% of Americans are saving 10% of their income or less -- which explains the frightening statistics on retirement savings.
The reality is, you need to save a substantial amount of money to accomplish all your financial goals. Of course, figuring out exactly how much to save is complicated. This guide will help you decide how much cash to set aside to check the must-do money items off your list.