![]() So, don’t forget about this budget category!Īs a mom of three kids, I can tell you that kids costs add up! Consider the family budget expenses that come with activities and school.ģ. We all want to be generous to our loved ones and contribute to causes we believe in. Amusement Parks, Toys, Outings For Kids & Families Streaming Services (Disney, Netflix, Hulu, etc.)ġ0. Supplies for Hobbies (camping gear, etc.)Ħ. Some may be more important to you than others.ĥ. Just like with personal expenses above, decide how much value these optional purchases bring to your life. Hair Cuts, Styling, Coloring, Salon Visits The great thing about these items on the budget categories list is that you can cut back on them when the budget is tight.Ģ. ![]() Work Uniform or Clothing Personal expense categories list Journals, Magazines, Subscriptions For WorkĦ. Here are common budget subcategories to watch out for.ģ. Basic Tools For Your Home Job-Related Expenses Paper Plates, Napkins, and Plastic Utensilsĩ. Especially during the baby years, it’s easy to spend a pretty penny here.Ĩ. These items can be sneaky and tough on your budget. Grub Hub, Insta Cart, and other grocery service fees Necessity Budget Items For Home Convenience Meals (Pre-cooked grocery store meals, meal delivery services, etc.)ĥ. And how much you want to spend on extras like eating out.Ĥ. When making a budget for food, consider how important organic and healthy convenience foods are to you. How much you spend on food can vary widely. Other Saving Accounts (for a house, car, vacation, real estate purchase, etc.).Let’s build that net worth! Debt Payments These are often big and they’re critical to making your financial goals come true. Next, we’re looking at savings and debt before personal expenses. Other Essential Doctor Visits (Dermatologist, Gynecologist, etc.).Co-pays and deductibles apply to some or all visits. These expenses are necessary and part of taking care of your health. We covered house and car insurance, but you may also be paying for these insurances as well. Often, all it takes is a call to the internet company to lower a bill, and you have control over how much in resources you use. However, utility bills are a GREAT place to cut back on if you’re looking to save money. These would be one of the last things to take away if you were cutting the budget. Utilities are any expense you use regularly that maintains your home. Car Registration (DMV) Fees Basic Utilities Extra Car Supplies (trashcan, cup holders, etc.)ġ0.Car Repairs & Maintenance (new tires, oil changes, inspections, etc.).Don’t forget to add the totals for all of your vehicles. While the uptick of working from home has helped some, many still have large expenses that come from transportation. Household Maintenance (yard services, HVAC yearly maintenance visits, pest control, etc.).Property Taxes (may be part of your mortgage payments).Plus, many of us don’t realize the side expenses that come with where we live. ![]() ![]() Housing is the largest expense for most people, and a must-have in terms of your monthly budget. Now, we’ll start with the main budget categories. Main budget categories and Subcategories list ![]() Set up your budget (see the end of the article).Build your own list of household budget categories.Before we get to the categories, here’s an easy how-to for using this big list: ![]()
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