Ten Things You May Be Forgetting to Include in Your Budget

Swipe out to read more about how to carry out an annual spending review in order to work out your monthly budget.

Annual And Quarterly Expenses

Gifts

It’s easy to ignore gift buying as an expense category, or lump it in with discretionary spending.

Car And House Maintenance And Repairs

Many of us factor in most of our transportation and housing costs, such as car payments, gas, insurance, and mortgage payments or rent.

Vacations

For most people vacations are an occasional/annual expense, but including vacation or travel money in your monthly budget will let you spread the cost.

Having pets can be expensive even when things are going well

Pet Care

Most people include health insurance in their budgets but don’t always consider few insurance plans cover everything...

Healthcare Costs

Bearing in mind the cost of healthcare, many people think it’s worth having a budget for preventative measures that help them avoid ill health.

Preventative Healthcare

Other ‘fines’ include things like late payment fees on credit cards or other payment plans and overdraft or low balance fees on bank accounts.

Fines

Another common but ‘unexpected’ expense is replacing something big, from a phone to a refrigerator.

Replacements

I’m a big fan of including fun money in your budget. A lot of people forget to, thinking they’ll just use ‘whatever’s left over’ for fun.

Fun

Money Management

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