8 | How Much of Your Income Should You Be Saving Each Month? How

9 TO 5 DIVE - Personal Finance and Passive...

8 | How Much of Your Income Should You Be Saving Each Month? How to Calculate Your Savings Rate.

Listen now

Description

Hello Divers! On today’s episode I’m talking about saving money! A key formula on the path to financial independence is your savings rate. Your Savings Rate = Monthly Savings / Monthly Net Income. Listen in to learn what good looks like and how your savings rate impacts how long you have to work. References Blog: https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ How to connect with me: Website: www.9to5Dive.com Facebook Community: https://bit.ly/9to5DiveCommunity Connect on Instagram: @9to5Dive Email me: [email protected]

More Episodes

See all »

12 | Kara Walker - How to Graduate College Debt-Free. Tips for You or Your Kids.

Hello Divers, Want to learn how you or your kids could go to college for free? In episode 12 we’re joined by Kara Walker who graduated from college debt-free and is now on a quest to help other students do the same with her podcast ‘Money and Mental Peace’ and her upcoming course The Debt-Free...

Published 05/02/22

9 TO 5 DIVE - Personal Finance and Passive Income Through Stocks, Real Estate, and Businesses

Published 05/02/22

11 | Jully-Alma Taveras - How Your Upbringing Impacts Your Money Mindset. Plus, Tips on Financial Independence, Emergency Funds, and Investing During Uncertain Times.

Hello Divers! In episode 11 we’re joined by Jully-Alma Taveras. Jully, also known online as Investing Latina, is a Plutus Award-winning bilingual personal finance expert. She writes for publications like CNBC, Time's Next Advisor, HuffPost, and others on money topics ranging from saving to...

Published 04/05/22