28 year old here, earning $18,000 pm. Need some advice from wiser folks here.

How much should I be saving? 25% or 50%. How much I should I budget for my own spending? 10%? Oh, I also wish to donate 5% to my favourite charity, the Cat Welfare Society. Is that too much??

Heard everything in Singapore is getting really expensive! Really scared about the cost of living for common people like me (( Between taxes, COE and country club membership, I'm afraid I'll never earn enough to buy my own penthouse!!

Economy isn't what is used to be. Really tough for young Singaporeans like us nowaday *sobs*