Sometime back, I stumbled across a young blogger who discuss about “Advice on Spending Your Money in Your 20s-30s”. What captivates me in the article is about how Li Ka Shing advises the splitting of our salary into 5 sets of funds. For more details, also refer to yahoo news “Li Ka-Shing teaches you how to buy a car & house in 5 years.” The general idea is to split your income into 5 sets of funds. Assuming a monthly income of $2,000; 1^stset:  30% ($600)        - Living expenses. Eat simple but healthy. 2^ndset: 20% ($400)        - Expand social circle and build relationships. Buy lunch for people who are more knowledgeable, richer and who have helped you in your career. 3^rdset: 15% ($300)        - Continuous learning. Buy books and attend courses. 4^thset: 10% ($200)        ...