npm55434 profile picture
npm55434 profile picture

npm55434

Business Development Representative

Catalyst
Good Citizen
Contributor
+1

% of income saved?

Hello sales people!


What percentage of your gross income do you save? Whether it is 401k, brokerage account, rainy day fund, Roth IRA, etc. I want to know.


I am more focused on money management and how much I save versus how much I make. I know as long as I am disciplined with my money, save accordingly, do not overspend, live within reason that I can live the life I want to lead and not stress over money.


Thoughts? Opinions? Concerns? Questions?

💰 Compensation
🏄 Personal Life
🤘 Personal Growth
10

16 comments

Sort by:
I_cant_read
Catalyst
5
Ent. AE
Usually stash away ~30% of base salary (savings, stocks, etc) but it fluctuates

I use any commission checks exclusively for savings and never touch it
BmajoR
Arsonist
3
Account Executive
I second this, that is exactly what I do. 
Fenderbaum
Politicker
0
Retired Choirboy🪕
Wow, that is impressive.
CoorsKing
WR Officer
4
Retired King of the Coors Knights
Good thread here:  https://bravado.co/war-room/posts/how-much-of-your-paycheck-are-you-investing

Looks like average is 20%-55% saved per month.
Chep
WR Officer
3
Bitcoin Adoption Specialist
17% 11% to my robinhood 6% to my 401k ;)
Rallier
Politicker
0
SDR Manager and Consultant
Do you still feel comfortable using Robinhood after what happened with GME?
poweredbycaffeine
WR Lieutenant
2
☕️
Not the answer you are looking for, but the answer you need. read "I'll Teach You to Be Rich"


Hands-down the best personal finance book I've ever read, and I recommend it to everyone:  https://www.amazon.com/Will-Teach-You-Be-Rich/dp/0761147489
paddy
WR Officer
1
Director of Business Development
Thanks for the rec, I'm gonna check this out
npm55434
Catalyst
0
Business Development Representative
i will have to check that out. Thx
Smithy
Politicker
2
Director of Sales
mine hasn't been consistent over the last few years with having a baby and buying a house etc, but normally 20%
LordOfWar
Tycoon
2
Blow it up
At least 10% of every paycheque (salary) is saved, almost 100% of all commission is saved as well unless I've been bad then they pay off debt.
Prizrak
Politicker
1
Disruptor of worlds
After everything is paid I used to do 33% into: savings, investment, spend. Now those numbers are different cause I don't buy dumb shit anymore (not because I got smarter or more disciplined, I didn't grow up, just ran outta dumb shit to buy). But I would follow a similar rule, youd be surprised how quick those all add up.
SADNES5
Politicker
1
down voters are marketing spies
15% of every gross cheque. You do it early enough you live within those means. Even bonus/OT/commission. 15% of gross. Saved. I like Ark ETFs and Crypto.
npm55434
Catalyst
1
Business Development Representative
Ark ETFs have taken a hit recently. I sold out for a good return. I am more in crypto which dipped recently. Still long on it. Cathie Wood is really smart, her funds should continue to perform long term regardless of recent challenges.
SADNES5
Politicker
0
down voters are marketing spies
Cathie fan boi here. I'm a long term investor; I think she's on the mark for my kids college fund. I'm happy to stay. 
cw95
Politicker
0
Sales Development Lead
100% of nothing.

Related posts

11

Ideas for generating passive income?

Question
🎈 Mentorship
14
5

What's your income?

Question
💰
🤝
🚀
9
What's your income?
46 people voted
29
Members only

Getting a mortgage with a sales income

Question
🧠
🐱
🏄
55
Bravado is a community of trusted sales professionals endorsed by their customers.
Apple Store logo
Products
The War Room Jobs Salary Guide Tech Sales U
Company
About Us How It Works Blog Bug Bounty
Contact
Press Careers
© 2024 Bravado Inc. All rights reserved.
Privacy Policy Legal and Privacy Center Sales Jobs
If you are hired as a contract sales rep by a Bravado customer, we may ask you to prove access to the employee email account provided to you by that customer. This data will be shared with customers to track your sales productivity; customers can use this data to confirm you meet the minimum activity requirements to pay out your ramp stipend and commission.