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% of my net income.

2019

Savings rate 2019

Month Net income Expenses Saved Savings rate in %
Jan-19 4.889€ 1.496€ 3.393€ 69,40%
Feb-19 3.993€ 1.503€ 2.490€ 62,37%
Mar-19 5.520€ 2.685€ 2.835€ 51,36%
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Total 2019 14.402€  5.684€ 8.719€ 60,54%

2018

Savings rate 2018

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

Savings rate 2017

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

Savings rate 2016

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%