Save 45 percent of every paycheck - Deepstash

Save 45 percent of every paycheck

Assigning 45 percent of your income to savings is essential if you're serious about building savings and have the ability to pay quarterly estimated taxes.

  • Allocate 30 per cent of your income towards taxes
  • 5 per cent for reinvesting in your business
  • 10 percent to build your emergency savings fund
  • The remainder can be used for living expenses or investing in your business.

10

69 reads

CURATED FROM

IDEAS CURATED BY

trinity_

"My adversary is the world of finance." ~ Francois Hollande

The idea is part of this collection:

Introduction to Web 3.0

Learn more about moneyandinvestments with this collection

The differences between Web 2.0 and Web 3.0

The future of the internet

Understanding the potential of Web 3.0

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates