I feel like I was really bad when it came to managing my own salary. I've made some crucial mistakes in the past and it is still haunting me today. Bad investments, wrong timing on when to spend and on what to spend. Since then I grew and started being more careful, even though I still have some outbursts, but still it's nothing heartbreaking or devastating. I divide my salary into 4 pieces - food+rent+bills, savings, clothes+social life and investments. Everything is easier knowing that I am limited to spend said amount on said things for the period.