How do I allocate savings

Do I allocate savings for an emergency fund, under transfers or under repay save invest? 

And how do I allocate in both accounts, do I allocate the money out as repay save invest and the money in as a transfer?

hope that makes sense

Thanks!

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Comments

2 comments
  • Hi Pierre,

    The way you have suggested is perfectly reasonable (and is my personal choice as well). I would mark the outgoing funds from the current account to the savings as ISR, but then the incoming funds in your savings account as a Transfer.

    (Of course, this is entirely up to you. There is no one right way to set up your Budget)


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  • perfect

     

    Thanks!

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