What is the name for writing down where your income will go to each month

Budgeting

Which percentage of your salary should go to savings? 010 or 50.

The typical recommendation is to save at least 10-20% of your salary for long-term savings and retirement goals. However, if you can afford to save more, aiming for 20-50% would be even better for building a strong financial future. So, the percentage of your salary that should go to savings is higher than 10%, ideally between 20-50%.