How much of your paycheck should you save?

Whether it’s a small emergency like a flat tire or a major one like traveling to care for an ill family member, life will inevitably throw some financial hurdles your way.

Building an emergency fund and setting aside money for the future is critical, but how much of your paycheck should you save? In general, experts recommend setting aside 20% of your income. If that percentage sounds impossible, there are some strategies you can use to find extra cash to build a sufficient safety net.

Kat Tretina | Yahoo Finance

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