How much should you save?
A savings account is good for an “emergency fund” but saving does not build your wealth.
Most savings accounts return less than 1% per year which doesn’t even keep up with inflation.
We recommend saving between 3 and 6 months salary and then the remaining should be invested in your broker account.
We see too many investors sitting on savings. Again, saving does not build your wealth.
You have to “get off the bench and get in the game.” In other words, you need to be investing.