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i make 85k a year, how much should i put into savings?

November 11, 2015
I'm trying to save up for a house.

Advisor answers

As much as possible! Of course, it depends on your expenses, and you should develop a budget and minimize your debts. If you can afford to save 15%, by all means do so. If you can afford to save more, believe me, you will not regret it!

Note: You should also have 8 months of expenses in an emergency fund.

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