Poll: How much of your income are you able to put into savings?
Thread poster: ProZ.com Staff

ProZ.com Staff
Local time: 12:11
May 17

This forum topic is for the discussion of the poll question "How much of your income are you able to put into savings?".

View the poll results »


Yetta J Bogarde  Identity Verified
Local time: 21:11
Member (2012)
English to Danish
+ ...
Savings? May 17

Only until the end of the month. icon_smile.gif


Chris S  Identity Verified
United Kingdom
Swedish to English
+ ...
Define income May 17

Roughly speaking:

100,000 sales
30,000 salary
20,000 pension
10,000 expenses
10,000 tax
20,000 invested
10,000 sex n drugs n rock n roll

So 40% of turnover or 66% of earnings


Ricki Farn
Local time: 21:11
Member (2005)
English to German
With Chris S May 17

Income, before taxes? After taxes? And what about that pension plan that somehow gets debited every month, is that savings or just some kind of automatism whose meaning has been lost in the mists of time?

A "sex n drugs n rock n roll" quota sounds like a good idea, even if quantification is iffy.


R-i-c-h-a-r-d  Identity Verified
Local time: 16:11
Member (2006)
Portuguese to English
+ ...
0% May 17

A year or two ago I would have said 10%, but in 2018 it's down to zero. I no longer save anything.


English to Russian
+ ...
66% net May 17

Except cold seasons, my usual costs for food, lodging, utility services, business expenses and taxes makes about 1/3rd of my earning, so in theory I can* save some 66%.


Muriel Vasconcellos  Identity Verified
United States
Local time: 12:11
Member (2003)
Spanish to English
+ ...
About 10% May 18

This is new for me. Until last year, I wasn't thinking much of savings, but I've mended my ways.


Teresa Borges
Local time: 20:11
Member (2007)
English to Portuguese
+ ...
10-20% May 18

It depends on my income and on my expenses. I’m not thinking of savings for me (I have a comfortable pension, a good sickness insurance scheme and my needs aren’t that expensive) but for my children for the time I won’t be around anymore…


Mario Freitas  Identity Verified
Local time: 16:11
Member (2014)
English to Portuguese
+ ...
Wrong behavior May 18

For a while, I was able to save about 10% of my income. Since 2013, what is happening regularly is:
- I save 10% of my money from May to December
- From mid-december to February, my income drops drastically, and I have additional expenses in the beginning of each year (taxes, traveling, gifts, etc.). So I use my savings.
- From March to May, I recover, without being able to save anything.

This reflects poor planning and useless spending. An undue behavior I've been trying to correct. But not this year. This year's saving must be used to change my car. It's past 10 years of age, and that is not acceptable. I must change it urgently.

So maybe in 2019, I'll start a new cycle, with a new behavior.


Diana Obermeyer  Identity Verified
United Kingdom
Local time: 20:11
Member (2013)
German to English
+ ...
Short or long term? Jun 21

We're remodelling. That'll take another 5-10 years. It would be silly to even consider long-term savings while trying to move the project on.
But, of course, we're always saving for the next stage, so we don't get stuck half way through. Around 40-50% goes into the building project.


Valeria Fuma
Local time: 16:11
English to Spanish
+ ...
26% of my income after taxes Sep 2

And this is because I've been paying for an apartment for the last 9 years (with at least 8 years more to go). This is one of the very limited options of buying your own house or department in Argentina if you're middle-class. The interest is of course very high.


To report site rules violations or get help, contact a site moderator:

Moderator(s) of this forum
Jared Tabor[Call to this topic]

You can also contact site staff by submitting a support request »

Poll: How much of your income are you able to put into savings?

Advanced search

Manage your TMs and Terms ... and boost your translation business

Are you ready for something fresh in the industry? TM-Town is a unique new site for you -- the freelance translator -- to store, manage and share translation memories (TMs) and glossaries...and potentially meet new clients on the basis of your prior work.

More info »
Déjà Vu X3
Try it, Love it

Find out why Déjà Vu is today the most flexible, customizable and user-friendly tool on the market. See the brand new features in action: *Completely redesigned user interface *Live Preview *Inline spell checking *Inline

More info »

  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search