How Much Should You Save Each Month?

When it comes to saving, financial experts recommend setting aside at least 20% of your income. However, many Americans struggle to reach this benchmark.

Current statistics reveal that about 25% of Americans have no savings at all, while a staggering 40% have less than $1,000 saved. This means that most individuals lack the financial cushion necessary to handle unexpected expenses, such as replacing a car transmission, or to secure a comfortable retirement. Read more here: https://arandagency.mylivingbenefits.com/blog/howmuchshoulyousaveeachmonth