The Money Mustache Community

General Discussion => Share Your Badassity => Topic started by: Mattzlaff on October 19, 2016, 04:53:10 AM

Title: Savings Percent
Post by: Mattzlaff on October 19, 2016, 04:53:10 AM

Just had to post a small victory for myself.

In 2012 when I started my career my savings rate was 5% I had bought a few fun things and a new truck
In 2013 it was boosted to 12%
2014 still 12% maybe a bit more and I paid off a lot of debt
2015 I bumped it a bit to 20% where I saved a down payment for a house
2016 I just calculated my YTD savings rate was 40.7%

I hold only my mortgage and not other debt today.

Title: Re: Savings Percent
Post by: Enigma on October 19, 2016, 05:11:32 AM

Way to go!  I track my net worth but I may start crunching some numbers to find my saving % rate

Title: Re: Savings Percent
Post by: FrugalLakes on October 19, 2016, 06:37:44 AM

Quote from: Mattzlaff on October 19, 2016, 04:53:10 AM

Just had to post a small victory for myself.

In 2012 when I started my career my savings rate was 5% I had bought a few fun things and a new truck
In 2013 it was boosted to 12%
2014 still 12% maybe a bit more and I paid off a lot of debt
2015 I bumped it a bit to 20% where I saved a down payment for a house
2016 I just calculated my YTD savings rate was 40.7%

I hold only my mortgage and not other debt today.

Congrats!

Title: Re: Savings Percent
Post by: KMMK on October 19, 2016, 07:22:57 AM

That's great progress!