Chapter 03 — Money & Finance
How much of my income should I save?
A useful target: 20% of take-home pay. Split it as 3–6 months of expenses in an emergency fund first, then long-term investing. If 20% is impossible, start at 5% and raise it 1 point every salary bump.
Follow-up questions
Where should the emergency fund sit?
A high-yield savings account — accessible in 24 hours, earning at least the central bank's base rate.
Should I save or pay off debt first?
Build a small €1,000 buffer, then attack any debt above ~7% interest before saving more.
What is the 50/30/20 rule?
50% of take-home to needs, 30% to wants, 20% to savings and debt above the minimums. A starting frame, not a law.
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