The short version: aim for around 10% of your income, but build an emergency buffer first. What matters most is that it fits your situation — and that you keep it up.
There is no single amount that is right for everyone. What you can save depends on your income and fixed costs. Still, a few guidelines help you pick a realistic target, so that saving is not an afterthought but something that happens by itself.
A widely used guideline (from Nibud, the Dutch national institute for family finance, among others) is to set aside around 10% of your net income. Not possible right now? Start small — every amount you save consistently counts.
Before you save for the fun stuff, an emergency buffer is the most important thing: enough to cover a few months of fixed costs plus an unexpected expense. That brings peace of mind.
Put saving at the start of your month, not whatever happens to be left over. In Peppies your savings amount comes off first, so your daily budget already accounts for what you set aside.
Saving for something concrete (a holiday, a new sofa) keeps you motivated. Set a goal with a target date, and Peppies works out how much you need per month.
A common rule of thumb is around 10% of your net income. More important than the exact percentage is that you build a buffer first and choose an amount you can keep up every month.
A buffer that covers a few months of fixed costs plus one unexpected expense gives the most peace of mind. Nibud publishes guideline amounts based on your situation.
Start small and automatic: set aside a fixed (small) amount right at the start of the month. In Peppies your daily budget automatically takes it into account, so you do not spend it by accident.
A simple split: 50% of your income for fixed costs, 30% for discretionary spending and 20% for saving and paying off debt. A handy starting point that you adapt to your own situation.
Yes. Peppies lets you create savings goals and pots, deducts your savings amount from your spendable money up front, and shows your progress. Starting is free.
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