Savings rate

A big part of Financial Freedom is mastering your spending habits!

Here you can see the statistics for my income, expenses and savings rate.

“Net income” is salary from my day job and child benefits. Income from my investments and blog income is not included in the savings rate.

My goal for 2019 is to save at least 60%.

2019

Savings rate 2019
Current savings rate for 2019 = 69,40%.
Month Net income Expenses Saved Savings rate in %
Jan-19 4.889€ 1.496€ 3.393€ 69,40%
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Total 2019 4.889€  1.496€ 3.393€ 69,40%

2018

Savings rate 2018
Total savings rate for 2018 = 57,09%.
Month Net income Expenses Saved Savings rate in %
Jan-18 3.940€ 2.397€ 1.543€ 39,17%
Feb-18 4.763€ 1.423€ 3.340€ 70,12%
Mar-18 3.843€ 2.431€ 1.412€ 36,75%
Apr-18 6.842€ 2.127€ 4.715€ 68,91%
May-18 4.358€ 1.511€ 2.847€ 65,33%
Jun-18 4.064€ 2.308€ 1.756€ 43,20%
Jul-18 4.973€ 2.140€ 2.832€ 56,95%
Aug-18 4.529€ 1.477€ 3.052€ 67,39%
Sep-18 4.704€ 1.420€ 3.284€ 69,82%
Oct-18 4.113€ 1.387€ 2.726€ 66,27%
Nov-18 4.961€ 1.691€ 3.270€ 65,91%
Dec-18 4.628€ 3.598€ 1.030€ 22,26%
Total 2018 55.717€  23.910€ 31.807€ 57,09%

2017

Average savings rate for 2017 = 54,66%.
Month Net income Expenses Saved Savings rate in %
Jan-17 4.591€ 2.588€ 2.003€ 43,63%
Feb-17 4.062€ 2.384€ 1.678€ 41,32%
Mar-17 3.743€  1.504€ 2.240€ 59,83%
Apr-17 6.401€  1.996€ 4.405€ 68,81%
May-17 3.611€  2.285€ 1.326€ 36,71%
Jun-17 5.281€  2.771€ 2.510€ 47,53%
Jul-17 4.456€  2.079€ 2.377€ 53,35%
Aug-17 3.879€  1.711€ 2.168€ 55,90%
Sep-17 3.896€  1.831€ 2.065€ 53,01%
Oct-17 4.818€  1.611€ 3.207€ 66,56%
Nov-17 3.857€  2.298€ 1.559€ 40,42%
Dec-17 7.818€  2.517€ 5.301€ 67,8%
Total 2017 56.413€  25.575€ 30.838€ 54,66%

2016

Average savings rate for 2016 = 33,42%.

The drops in savings rate in May and Dec shows the impact of owning an expensive Audi. Good thing I god rid of that!

Month Net income Expenses Saved Savings rate in %
Jan-16 4.908€ 2.431€ 2.477€ 50,47%
Feb-16 3.681€ 2.167€ 1.514€ 41,13%
Mar-16 4.046€ 1.702€ 2.344€ 57,92%
Apr-16 5.522€ 1.550€ 3.972€ 71,93%
May-16 4.082€ 5.995€ -1.913€ -46,86%
Jun-16 4.283€ 1.773€ 2.511€ 58,62%
Jul-16 4.946€ 4.351€  596€ 12,04%
Aug-16 3.940€ 2.181€ 1.759€ 44,64%
Sep-16 4.362€ 2.032€ 2.329€ 53,41%
Oct-16 5.223€ 3.035€ 2.188€ 41,90%
Nov-16 3.876€ 2.355€ 1.521€ 39,23%
Dec-16 4.251€ 5.795€ -1.545€ -36,34%
Total 2016 53.121€ 35.368€ 17.753€ 33,42%