amortizing savings
The Spanish phrase 'amortizar el ahorro' is translated to English as 'amortizing savings'. It refers to the process of gradually paying off a debt, like a mortgage or a loan, over a certain period of time, often including both principal and interest components in the regular installments. In a broader economic context, it could also mean the depletion or reduction of a savings stockpile over time through planned, regular withdrawals.
It is important to amortize savings in the first months of a budget.
This phrase emphasizes the significance of managing savings effectively at the beginning of a financial plan.
When I receive extra income, I decide to amortize my savings to achieve my goals.
This example illustrates the idea of using additional income to systematically apply it towards savings goals.
Amortizing savings wisely can help secure your financial future.
The phrase highlights the importance of intelligently managing savings to ensure long-term financial stability.