Most financial experts recommend saving or investing at least 15% of your income. This is often referred to as the 50/30/20 rule, where 50% goes to needs, 30% to wants, and 20% to savings and investments. If you start early and save consistently, even 10-15% of your income can accumulate into a substantial amount over time thanks to the power of compound interest.

For those who can afford to save more than 15%, it's encouraged to do so, especially if there are high-interest debts to pay off first. Allocating more to savings or investments in higher-yield assets can increase wealth-building potential over the long term. But for most, 15% is considered a strong baseline to aim for.