Personal Finance Tip Of The Week: Save at least 10% of your monthly income in savings

When it comes to making financial progress, we can probably all agree that saving for the future is a critical part of the equation. But how much are you supposed to be socking away exactly?
Not everyone is financially stable enough to put much into their savings, but its still important to at least contribute make some kind of consistent contribution to it, in order to eventually become financially stable. While most people recommend 20% into your savings every month, 10% is a good starting point for people just getting started on savings. The idea is to not overwhelm yourself when trying to save. Create a budget for yourself and set goals to make saving more fun and less stressful.

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