Usually, a person's income should be reasonably controlled to ensure daily expenses, savings and investment. Specifically, the following budget allocation ratios are recommended:

Housing: 30%

-Living expenses: 20%

-Savings: 20%

-Debt payment: 10%

-Investment: 20%

Under this budget allocation ratio, 30% of wages are used to pay housing rent or mortgage. 20% is used for living expenses, including meals, transportation, water and electricity and other necessary expenses. Another 20% of the salary can be used for savings, ensuring sufficient emergency funds and retirement reserves. 10% can be used to pay off debts, such as credit card repayment. The last remaining 20% salary can be used for investment, such as stocks, funds, real estate and so on.

Of course, this is only a reference budget allocation ratio, and the specific ratio should be adjusted according to the actual situation of individuals. We should make reasonable financial planning according to our own income and expenditure, ensure the balance of income and expenditure, realize wealth appreciation and maintain long-term financial stability.