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Anonymous
Asked a question 5 months ago

What is your current allocation of your monthly salary and why? Was wondering how people around here allocate their monthly salary in percentage terms. Personally I’m currently doing roughly 40% expenses, 35% investments and 25% savings.

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Hi Anon, I do about 80% expenses and 20% savings. My expenses are relatively high because I just started repaying my student loans. I also recently started learning about investments, so I haven't begun investing yet. I plan to begin investing about 10% of my income in index funds sometime in the next couple of months.