How Much To Save Per Month?

Recently I have this idea of trying to save $10k per year, which means I need to save at least $833.33 per month.

Oh My God! How am I going to do that?

After deducting the money for parents, insurances, bills, and some personal expenses, I guess it is not possible for me to set aside that amount. But I try to save at least $600 per month. The easy way to do this is automatically deduct the amount from my Citibank Stepup account to my eSaver account at a preset date every month. This way I can save at least $7200 per year.

Everything is rising in cost nowadays, I am happy that I made the wise choice of scrapping my car last year which used to be my biggest bank killer.

$10k a year is still a goal I want to achieve in near future. Meanwhile I try to pick up the knowledge of investing in things like funds so that the money can grow at a faster speed!

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