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Today’s Word: allocate

Today’s Word: allocate

October 22, 2018 =========

☆  allocate  計上する


If you allocate something for a particular purpose, you use it for that purpose. So, for this month’s topic, you can talk about your budget and how you allocate your money. Like I mentioned the other day, the Australian financial adviser I follow recommends that you allocate 60% of your income to daily expenses. Then allocate 20% to your emergency fund. Then allocate 10% to your short-term goals. And then allocate the final 10% to your “splurge fund,” which is money that you can splurge (Oct 6th word) on anything you want.  

I like the idea of allocating my money into goals and money for splurging.Read more about Today’s Word: allocate[…]