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Author Topic: Savings Percent  (Read 2636 times)

Mattzlaff

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  • Posts: 99
  • Age: 33
  • Location: Alberta
Savings Percent
« 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.
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Enigma

  • Bristles
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  • Age: 44
  • Location: Clarksville, TN
Re: Savings Percent
« Reply #1 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
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FrugalLakes

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  • Age: 38
  • Location: NY
Re: Savings Percent
« Reply #2 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!
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KMMK

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Re: Savings Percent
« Reply #3 on: October 19, 2016, 07:22:57 AM »
That's great progress!
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