There was an article in the past that went viral.
It talked about the advice given to young people by Hong Kong’s richest man – Li Ka Shing.
In the article, he talked about splitting our pay into 5 parts, each for a different purpose

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30% – Living Expenses, paying for food etc
20% – Socialising, paying off phone bill + creating connections
15% – Learning, buying of books or signing up for courses/training
10% – Travelling, going overseas once a year to broaden your horizon
25% – Invest, SAVE to INVEST or start a Small Business

He used a guy earning RMB 2,000 (roughly SGD $400) as an example of how to split the money.
His example is for people living in Hong Kong or in China.
In my perspective, there are some parts I think we can change …