Today’s Word: expense

October 16, 2018 =========

☆  expense  出費


Yesterday we talked about the money that comes in, your income. Today, we’re talking about the money that goes out: your expenses. An expense is something that costs you money. So, for most people, the obvious expenses are rent or mortgage payments, food and clothing. Most finance books say that those are the three expenses you cannot avoid. You have to have somewhere to live, something to eat, and something to wear.

However, any other expenses are things that you can cut out to save money. For example, instead of buying a coffee each morning from Starbucks, you can make coffee at home. Or you can “brown bag it” which is Australian for make your lunch and take it to work in a brown bag (before lunch boxes were invented! Ha ha)… have you ever looked at your expenses and thought about which expenses you could cut out in order to save money? Or would you prefer to earn more income instead of cutting down expenses?