Author Topic: Increased Savings Rate  (Read 2109 times)

Anti-ComplainyPants

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  • Age: 37
  • Location: Mississippi, USA
Increased Savings Rate
« on: August 10, 2014, 02:57:13 PM »
After taxes and deductions (health, dental, retirement @5%) I take home $926 in my bi-weekly paycheck.

My direct deposit is split between my Checking and Savings accounts, and I just boosted the amount that is deposited into my Savings account from $250 to $300. I also increased my bi-weekly automatic contribution into my Roth IRA by the same $50 increase, and ideally I won't even notice the lesser amount in my Checking account.

Every little bit counts!