Shortbytes - What Percentage of Y...
Shortbytes - What Percentage of Your Income Should You Save? Finding the Right Savings Ratio

Finesse Your Fitness & Finance by Jack and Nick

Episode notes
Saving money is essential for achieving your financial goals, but how much should you save? In this video, we'll discuss the proper percentage for savings and help you find the right savings ratio for your financial situation. We'll explore various savings guidelines and methods, such as the 50/30/20 rule, the 80/20 rule, and the reverse budgeting method. We'll also cover common factors that can affect your savings rate, including income, expenses, debt, and financial goals. By the end of this video, you'll have a better understanding of how much you should save and how to create a savings plan that works for you.Please keep in mind that this episode is strictly to build on the basics, and refer to your nearest financial or gym advisor!Check out our youtube channel "Fitness Along W/ Finance", where we talk about all things exercise and money! New ep ... 
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