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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...

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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 email 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