<prompt> Human: Ive been told to take 50 of your income and put it into savings or investing I dont remember which one it is. Also if that is true do you do 50 of your income in total or 50 after you have paid off bills? So if i was to make 3,000 a month would I put 1,500 in savingsinvesting and then find a house and bills that fit my new 1,500 budget? Im just getting out of college and have my first job so I want to do things right.  <response>: An important thing to point out is that paying off debt is saving. Dont put money aside when you have expensive debt - pay the debt off first 