How much does your family save ?

With rising costs and increased learning needs, financing our children's education is no longer a simple walk in the park. Discuss with other parents about how they are managing their finances to cope with their expenses.

What percentage do you save ?

Spending more than we earn !
7
9%
Less than 10%
16
21%
10% - 30%
23
31%
30% - 50%
20
27%
More than half
9
12%
 
Total votes : 75

How much does your family save ?

Postby UncleLim » Thu Aug 02, 2012 10:43 am

With inflation up, is your household spending increasing?

What percentage are you able to save ?

UncleLim
BrownBelt
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Re: How much does your family save ?

Postby sleepy » Thu Aug 02, 2012 1:48 pm

Although inflation is up, I think it's mainly in grocery & uitility bills. Electrical stuff, clothings and other necessities are actually getting cheaper & cheaper. So maybe nett nett kind of offset?

sleepy
KiasuGrandMaster
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Re: How much does your family save ?

Postby Oppsgal » Fri Aug 03, 2012 10:40 am

sleepy wrote:Although inflation is up, I think it's mainly in grocery & uitility bills. Electrical stuff, clothings and other necessities are actually getting cheaper & cheaper. So maybe nett nett kind of offset?


Even if clothing, electrical stuff are cheaper, how many of us actually need to buy them every few days. Unlike grocery like food... :shrug: Utility also a need for us. Cannot be staying in the dark. Just my thoughts.

Oppsgal
KiasuGrandMaster
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Re: How much does your family save ?

Postby Lynn1967 » Thu Jan 31, 2013 4:08 pm

After paying for neccessities and children education, we save about $500 per month. Is that considered too little?

Lynn1967
OrangeBelt
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Re: How much does your family save ?

Postby 路人甲 » Tue Mar 05, 2013 6:36 pm

We can't save much but try to keep at least 10-15% of our money.

We live in a small flat. We are careful with our stuff so many of the things in the house are still working. Sometimes it might mean taking an extra step to get things done but it means money save on sending things for repair or buying a replacement.

路人甲
GreenBelt
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Re: How much does your family save ?

Postby TheAnswer » Thu Mar 21, 2013 12:00 pm

UncleLim wrote:With inflation up, is your household spending increasing?

What percentage are you able to save ?


DH and I can save about 50-55% of our combined income every month. Our expenses did go up this 2 years but we try to keep it under control.

TheAnswer
KiasuGrandMaster
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