Where did you spend all your money? How will the monthly salary be distributed?

It's getting harder and harder to save money now. Everyone's consumption habits and income levels are different, so everyone will spend money in different ways. Briefly talk about what expenses we have every month, and how to allocate our monthly salary reasonably is more appropriate.

1, housing and basic living expenses:

Housing and basic expenses will account for a large part of salary. Most people spend 30% to 50% of their monthly salary on housing and basic living expenses, such as renting or mortgage, utilities, daily food and household items.

2. Debt repayment:

If you have debts, such as credit card bills or loans, it is reasonable to suggest that you spend 10% to 20% of your monthly salary on debt repayment. If it exceeds this ratio, it will have serious consequences and have a great impact on your life.

3. Savings and investment:

In order to ensure financial stability in the future, everyone should save and invest regularly. It is a wise choice to spend 10% to 20% of your monthly salary on savings and investment. This ratio is neither too much nor too little, and most people can do it.

4, leisure and entertainment:

Everyone needs proper leisure activities, such as traveling, movies, dining and so on. It is reasonable to spend 5% to 10% of your monthly salary on leisure and entertainment, which is also very important.

5. Transportation and car expenses:

If you need to commute every day, it is reasonable to spend 5% to 10% of your monthly salary on transportation and car fare. If it exceeds this range, it is recommended to consider other commuting methods, such as taking the subway and bus.

It should be noted that this is only an approximate distribution ratio, and the actual situation varies from person to person. When making your own budget plan, you should allocate your monthly salary reasonably according to your income level, lifestyle and consumption habits. Finally, I hope everyone can save a lot of money in 2023.