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today were gonna talk about how much you should save each month savings cash reserve retirement all your financial goals if this is your first time at our channel or you havent subscribed click on the subscribe button at the bottom my name is Travis sickle certified financial planner with sickle on are financial advisors were starting to see for our goals sometimes it can be so overwhelming we dont save anything at all or were not saving enough so some of those initial financial goals that were working for or buying a new house buying a new car a cash reserve and that long-term goal of retirement well theres a lot of different rules of thumb or targets its important to note that they should stay as rules of thumb or targets theyre not exactly how much you should save so take for example a 401 K you might get a 3% match from your employer so if you contribute 3% your employer will also match 3% so your total contribution is going to be 6% into that 401 K now if you made $50,000
