How Much of Your Income Should You Save?
You don't need to save half of your income, here is all you need to know.
There’s a saying that goes:
“Income is what you earn today, wealth is what you keep for tomorrow.”
This simple statement highlights a truth we often overlook: earning money doesn’t automatically make you wealthy; saving and keeping it does.
No matter how much you earn, if you spend it all, you’ll always be starting from zero. But with consistent savings, your income transforms into security, opportunities, and long-term wealth.
How much should you save then?
A common rule is to set aside at least 20% of what you earn. It doesn’t matter if you’re earning a lot or a little, what matters is building the habit.
An uncommon rule is using Community Thrift on CircleFunds. Community Thrift enables you to submit your bank statement, the app analyses it, and suggests thrift based on income from your bank statement analysis.
And here’s the secret: saving alone can feel hard, but saving with others makes it easier. That’s why Ajo works so well. With a trusted circle, you:
• Stay consistent, because the group keeps you accountable.
• Save faster, because contributions add up.
• Achieve goals together, whether it’s an emergency fund, a project, or simply peace of mind.
At the end of the day, your money is yours. But wealth is only built when you keep a portion of it for tomorrow.
Start today. Save with CircleFunds and watch your income grow into lasting wealth.
