How much should I save each month?

One of the most important parts of your budget is saving for your future. It doesn't matter how much. The important thing is to get started. Even a few dollars saved each month can add up over time.
How do I set a savings goal?

• A standard guideline is to save at least 10% of your pay. Example: If you make $2,000 a month, try to save $200 from your pay.
• If your income changes each month, adjust your savings up or down.
• Build savings into your monthly budget. It can help you stick to your plan.
• Each year, challenge yourself to reach a higher savings goal.
• Save more if your pay goes up or you get a bonus at work.
• If you have a lot of debt, try saving a smaller amount until you?re debt-free.