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Thread: How much money do you put away weekly?

  1. #1
    Veteran Member angelicat's Avatar
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    Default How much money do you put away weekly?

    Not to be used for expenses... Just what you actually save and do not touch.

    I make a $1000 deposit every week religiously, have been since I started dancing.

    Just wondering how everyone else calculates how much they save...

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    Banned Melonie's Avatar
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    Default Re: How much money do you put away weekly?

    I try to save / invest an amount equal to my estimated tax payment !

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    God/dess anomar's Avatar
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    Default Re: How much money do you put away weekly?

    3-6 months of living expenses is a good rule of thumb. But yes, taxes first! (Well actually, taxes 2nd -- put aside 10% first for savings then taxes!)

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    Veteran Member ultra_manic's Avatar
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    Default Re: How much money do you put away weekly?

    I suck I keep meaning to save 1/4-1/3 of what I make but something ALWAYS comes up I really need to get on it
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    God/dess jaizaine's Avatar
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    Default Re: How much money do you put away weekly?

    I try to put $1k away a week but sometimes if unexpected bills etc come up then I can't. I got two fines this week so I will have to put a little bit less into savings.

    I also put away money for my quarterely tax instalments.
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  6. #6
    goldengrl69
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    Default Re: How much money do you put away weekly?

    I suck. I put away what ever I have not spent for the week on bills.

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    God/dess sxybrat07's Avatar
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    Default Re: How much money do you put away weekly?

    God, I need to move out of Utah. 1k a week extra? That'd be nice...
    I believe you Dottie and you have my support

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    Banned i.breathe.in's Avatar
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    Default Re: How much money do you put away weekly?

    Quote Originally Posted by sxybrat07 View Post
    God, I need to move out of Utah. 1k a week extra? That'd be nice...
    no shit. i make 6-1000 a week, rarely more working 3 days. im about to start working 4 and saving all i make from that day. i have no excuse to not work more.

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    God/dess anomar's Avatar
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    Default Re: How much money do you put away weekly?

    Quote Originally Posted by ultra_manic View Post
    I suck I keep meaning to save 1/4-1/3 of what I make but something ALWAYS comes up I really need to get on it
    The strategy is that you are doing it to take care of unexpected bills. So every night, put a little bit of money -- even like $25-50 -- to the 'something came up'! fund. That way when something comes up, like a car repair or something, you will have at least part of it squirreled away! 'Saving' does not necessarily have to mean 'save and never touch it', it can just mean having a little money set aside for irregular expenses. Eventually one day if you feel comfortable with how that is going you can think about starting up a 'save and don't touch' fund, but that is second to having $$ for emergencies, for sure.

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    Default Re: How much money do you put away weekly?

    I put away about 25% of whatever I make that week.
    you live like an ivy vine
    you can only survive by clinging onto trees
    that's your flaw
    put down some roots so you can stand on your own
    -Kenpachi



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    Default Re: How much money do you put away weekly?

    I try to put away 10% into the don't touch it account, and 40% into the 'normal' account-rent & some bills come out of this, but whatever's left over stays for my teeny tiny emergency fund.

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    Featured Member glitzy's Avatar
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    Default Re: How much money do you put away weekly?

    Quote Originally Posted by angelicat View Post
    Not to be used for expenses... Just what you actually save and do not touch.

    I make a $1000 deposit every week religiously, have been since I started dancing.

    Just wondering how everyone else calculates how much they save...

    daaaaayyuuuuummmnnn!!!
    some months i only make like 1600 total working three nights a week.

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    Featured Member keira0304's Avatar
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    Default Re: How much money do you put away weekly?

    right now my plan of attack is to put away 75% in a save and don't touch it fund, and 25% in my checking acct/just plain cash to use on rent/bills/groceries/gas/etc..

    which equals out to about 3-4K in savings, 1-1.5K in spending per month, depending on how much i make.

    um... and i'll worry about taxes when I'm in a secure financial and physical place, but right now.... that's really not my priority. I was planning on saving receipts and tracking earnings and getting turbotax this year to do it right, until everything happened and I realized that I've just got to make as much money as possible and get out.
    "Life and death, energy and peace. If I stop today it was still worth it. Even the terrible mistakes that I made and would have unmade if I could. The pains that have burned me and scarred my soul, it was worth it, for having been allowed to walk where I've walked, which was to hell on earth, heaven on earth, back again, into, under, far in between, through it, in it, and above."

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    Default Re: How much money do you put away weekly?

    Quote Originally Posted by glitzy View Post
    daaaaayyuuuuummmnnn!!!
    some months i only make like 1600 total working three nights a week.
    Be thankful. Some girls don't even break 1K working 3-5 nights a week. You can save alot (depending on bills) with 1600/month. Its all about budgeting.
    you live like an ivy vine
    you can only survive by clinging onto trees
    that's your flaw
    put down some roots so you can stand on your own
    -Kenpachi



  15. #15
    Featured Member glitzy's Avatar
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    Default Re: How much money do you put away weekly?

    Quote Originally Posted by TigersMilk View Post
    Be thankful. Some girls don't even break 1K working 3-5 nights a week. You can save alot (depending on bills) with 1600/month. Its all about budgeting.
    my california "low-income rent" is $900.
    $1600/month is the lowest it's been though though.

  16. #16
    AudreyLeigh
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    Default Re: How much money do you put away weekly?

    ^^ You have to remember different areas, different clubs, different everything. To some people $500 is a bad night, to others its a great night. Just depends on your circumstances.

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