<span>Many
sources recommended saving of 20 percent of your income every month is
recommended for you to set aside when you creating for savings account. Hence,
according to the popular 50/30/20 rule, you should reserve 50 percent of your
budget for essentials like rent and food, 30 percent for discretionary spending
and at least 20 percent for savings. However, when 20 percent of savings is not
realistic or even if it is impossible at the moment, you must not get frustrated.
Always remember that saving something is better nothing. </span>
