3min chapter

Maven Money Personal Finance Podcast cover image

275 - Megasode - The Greatest Hits

Maven Money Personal Finance Podcast

CHAPTER

How Much of Your Net Income Are You Saving?

The top five global countries in terms of who saves the most, what country saves the most of their net income. So your gross income is the amount that you earn before you then have to pay taxes. In the UK, if you earned 100,000 pounds a year, and you're only going to end up with probably 66 or around about 66,000 pounds. Now, if you were saving 10% of that, you'd be saving 6,600 pounds a year.

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