How Much of Your Paycheck Should You Save? (With Data)

🐪 Hump Days Newsletter ➭ https://humpdays.substack.com

In this video we explore how much of your paycheck you should save every pay day, and what savings rates among different income levels are with data.

Years to Financial Independence Calc: https://www.fidelity.com/firestarter/...

https://fred.stlouisfed.org/series/PS...

Sept 2022 Report: https://www.pymnts.com/study/reality-...

FREE STOCKS:
🏆 WeBull (Get 6-12 Free Stocks worth up to $30,600 when you deposit $100) ➭ https://a.webull.com/i/HumphreyYang
🎓 Public ($10 Free Stock) Investing App ➭ https://pblc.co/humphrey
✍️ Free Resources: https://www.humphreytalks.com/downloads

RESOURCES:
▶️ Join the Patreon Community ➭   / humphreytalks  
🐪 Hump Days Newsletter ➭ https://humpdays.substack.com
💳 My Favorite Credit Cards ➭ https://cardonomics.com/i/humphrey

FREE GUIDES:
🌪 Investing 101 PDF: https://humphreytalks.com/downloads/
🌊 Stock Market for Beginners PPT: https://humphreytalks.com/downloads/

PERSONAL LINKS:
🎥 My YouTube Setup ➭ https://kit.co/humphreytalks
🌍 Rickie (Editor) ➭   / coldgamerick  
🗞 Twitter ➭   / humphreytalks  
📸 Instagram ➭   / humphreytalks  
🚀 Tik Tok ➭   / humphreytalks  

Timestamps:
0:00 - Start Here
1:25 - Savings Rate Over Time
2:40 - Savings Rates by Income
3:58 - A Handy Tool
4:24 - How Much Should We Be Saving?
6:33 - Your Savings Goal
7:50 - How to Actually Save More
8:49 - What If I Have No Savings?
9:47 - A Caution
11:15 - How To Make More
12:15 - Savings By Age
12:52 - Net Worth By Age

📧 GET IN TOUCH: I'd love to hear from you! If you have a longer question, or if you have a business related inquiry, please then send me an email at [email protected]. I try my best to reply to all e-mail but sometimes I do not have enough time to respond to everyone.

PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel