Whats the right balance of spending/saving?
I’m 24, spending ~5k/mo, investing ~4k/mo. I’m living a good life but still feel myself holding back on certain things I want and could easily afford (e.g. upgrading my phone).
Edit: Since people are asking, I make about 9k/mo after tax and 5k includes all my monthly expenses for me and my girlfriend which includes rent (2k/mo)
Am I being too conservative with my spending or will I need these savings in the future?