What percentage of your gross income does Doc White suggest saving and/or investing each pay period?

Doc White suggests a savings and investment percentage of 5-10% of gross income each pay period as a foundational practice for personal financial management. This range is often considered attainable for most individuals, balancing the need for immediate expenses and financial obligations while still prioritizing future financial security.

Saving and investing at this level allows individuals to build a safety net and take advantage of compound interest over time, laying the groundwork for wealth accumulation. This consistent practice encourages disciplined financial behavior without causing too much strain on daily living standards.

Higher percentages, while potentially beneficial for aggressive savers or those with fewer expenses, may not be feasible for everyone, especially those at the start of their careers or those facing significant financial commitments. Thus, the 5-10% figure represents a practical starting point for many to achieve financial growth while maintaining a reasonable standard of living.