How do you portion out your first ever pay cheque you received from your work?

I set a target of 60% savings. For investments is as and when I identify a good stock (but I have another account that is able to cover me for 6 months of expenses).

I track my expenses on an excel spreadsheet and budget for holidays on an annual basis. For areas that I see an increase in spending I investigate and try to cut down.

I started off by paying my fixed expenses - study loan, parents allowance etc.

Afterwards i take X amount for spending, transport etc and save the rest!