Excess Allowance Allocation

During the course of the years, I note that it will be more prudent to plan more allowances on the projected expense for the year. It does not matter whether the projected expense has been exhausted at the end of the year. The purpose of the additional allocate expense is to allow one to prepare for any emergency spending in the course of the year. Nothing beats better for one to be more than adequately prepared for the contingencies that may occur during the course of the year.

I will be more assured and sleep soundly at night with the knowledge that I am adequately prepared for any unexpected circumstances which require excess expense which has been at the standby at any point of time.

WTK

Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I am not longer in full-time employment with effect from 1 May 2019. I try my very best to write one post per day on this blog. The purpose is to share my prevailing thoughts to interested readers. It is up to the interested readers to decide whether they want to take action in embarking on the FIRE journey. I do not gain anything from this blog and it is solely for sharing hopefully for the benefits of all interested reader. WTK

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