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Home financial budget Financial Planning financial planning process money saving ideas Just got my first salaried position. What percent paycheck should I put into my 401k and what percent into a savings account?

Just got my first salaried position. What percent paycheck should I put into my 401k and what percent into a savings account?

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I do the 50/20/30 budget, and my salary will be $38,000. Should I put 20% of my paycheck into the 401k and not save any other money? Or should I put like 6% into the 401k and 14% into a savings account? Thank you!

Note: my company has 401k match up to 6% but not until I’ve worked here for 6 more months



Submitted April 17, 2019 at 03:49PM by ShinyLaprass http://bit.ly/2Is6HJK
financial budgetFinancial Planningfinancial planning processmoney saving ideas
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