You gotta live your life and pay your rent. But by this point, you’ve also (hopefully!) prioritized saving. But how much of your paycheck should you save? We checked in with Ashley Feinstein Gerstley, founder of the Fiscal Femme and author of The 30-Day Money Cleanse, to get her take. Her answer is that it varies. After all, while many experts tout the 50-30-20 rule (where you set aside 20 percent of your paycheck, no matter how much you earn), it’s simply not realistic for many Americans.
So, where should you start? We asked Gerstley to help four real women with their income-to-savings ratios. (Psst: use this online savings calculator to do your own math.)