Save ten percet of pay rule
 

Hello. I read this 10% rule in so many success books. Does this apply to net or gross pay? Thanks!

10% gross, I believe.

I'm not good at explaining why so I'll wait for someone else to do that :D

i just googled 10% rule for you and there are tons of articles about it
here is random one i picked from the top
What is the ‘10 per cent rule’? - Your Money | Switzer

I apply it to Gross, only because I used to apply my tithing to gross, but I don't think it should matter as long as you apply it uniformly. Just save a % of your money.

Depending on your goals, it's potentially better to save as much as possible. It's a function of income and what your current desired expenses are.

Might as well go conservative and save gross rather than net, but if you can, I'd recommend more than 10%.

It just depends on how much of a security blanket you want and your willingness to potentially be forced into taking a job you don't want. I currently save somewhere around 40%. Spending more wouldn't enhance my lifestyle much.

I aspire to give 10 percent of my money to Charity. She's this really attractive dancer I met recently.:D

It seems like 10 percent of net pay is a good goal. Do whatever works for you.