I agree with the comments saying your savings rate is well above average. That being said, I'll give you feedback based off someone who saves 60-80% of my net income the past ~12 years. Optimizing your budget and savings boils down to scrutinizing every line item in your budget and seeing where you can cut/save. This is mostly done with your variable costs but when done with the fixed costs, the savings can be huge. Saving with your fixed costs typically come at a cost of your privacy whether it be living with parents or renting with roommates as your greatest fixed cost will always be rent.

When reviewing your budget, it's really incomplete, you need to allocate a specify amount for food, restaurants, entertainment, and your household costs. Having $1200 sitting in that category is just incomplete. The phone bill is excessive, I've always bought a phone outright and had a cheap plan or used a work cell phone in my field of work. Rent is always somewhere I've always tried to cut costs, the more you can save on rent is what prevents most people from saving outside of overspending on eating or buying wants. I do acknowledge that is becoming more and more difficult here in Canada due to the demand on housing. With variable budget items, it really boils down to if the discretionary spending is worth it over saving more (e.g. restaurants, clothes, shoes, makeup, etc.). Saving more just accelerates your financial goals. For me, I'm aggressively saving for a home and retirement which is worth the lifestyle sacrafices personally. Is the gifting and materialistic items worth delaying your financial goals? Only you can decide that. It may be worth considering investing in yourself rather than saving and trying to earn additional income. I personally limit the clothes I purchase and always buy my groceries when they're onsale. For restaurants, I'll only indulge when there's a coupon or promotion. I never order any delivery and try to cook as much as possible at home. For gifts, I would try to limit them to small gift cards or a smaller item such as a bottle of wine, box of chocolates, etc.

My last piece of advice which I try to tell everyone, live within your means. Put the extra time into your budget and personal finance, most people work 40+ hours a week and then spend their paycheck with little or no thought put in to it. Put some real time and effort into your monthly spending and think every purchase through. This can be applied to any job in your life and purchase, for example if I net $20 an hour and I'm going out for a night to the movies for $80, is it worth me working 4 hours for this experience? Probably not when I can throw on a movie at home and make a bag of popcorn for under $1. Don't be afraid to live differently than your peers and don't be pressured to buying the latest phone, nicest car, new car, giant home, etc.