Good Morning Mr. Esss,

The question that you have raised is totally relative and is entirely dependant on your lifestyle and what you want. But personally i feel for a family of 4 with children at school, house rents and misc. you might not be able to save.

I'm sorry if I'm being a spoilsport but this is my opinion. However I always tell my buddies that staying away from one's family is the worst thing. So win some and lose some. Your salary will eventually go higher then savings would commence but till then hang on…