Financial experts of the historical past have said that you should save 10% of your income each month if you want to retire comfortably at 65. Now the number has risen to 15 or even 20%. And there are other parties that say you should save 30, 40 or 50% of your income. What people ignore is "How much are you making?" The amount of money by percentage of income is directly related to how much money you are earning. In truth, the more your income rises, the higher percentage of income you should be saving, assuming you have the discipline to keep your expenses the same. Would you rather buy financial freedom or the latest consumer luxuries? In this video I shine light on this sometimes confusing question. Enjoy!
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What Percentage of Your Income Should You Save?
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