<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > How much do you budget for "regular" irregular expenses?

How much do you budget for "regular" irregular expenses?

May 6th, 2008 at 02:58 pm


I have reworked the May budget adding funds for all categories (gifts/dining out/clothing/etc). This month I am allowing $100 for "regular" irregular expenses with a breakdown like this:
$40 grooming for dog #1
$20 hair cuts for DS5 and DS3 (coupons = tip)
$23 oil change for car

Leaving Misc $17 in fund.

My budget has always been narrow (food/utilities/mortgage, etc) and I'm feeling that was one of my obstacle. Now I am afraid to branch out too vastly using some of the tracking categories I've seen. And while I understand that budgeting is a very personal and unique thing, I was just wondering how others out there budget for these things?

I already budget for life insurance and am trying to keep the necessary funds for property taxes.

I've also been bad on figuring in money for kids activities - like sports.

I always end up being able to pay and fund things without borrowing - but the savings contributions for that month are non-existent. I'm figuring how to bring harmony, yet sanity to my system.

Posted in Uncategorized | 2 Comments »

2 Responses to “How much do you budget for "regular" irregular expenses?”

  1. Broken Arrow Says:
    May 6th, 2008 at 05:33 pm 1210095233
    1210095233

    What for it's worth, all of my bills are divided into pay periods, regardless of its time frame. So, let's say I have a bill quarterly and let's say I am paid bi-weekly. that means I'll divide the bill by 6. If it's monthly, I'll divide the bill by 2. Then, I'll just let it accumulate in my checking (because have a 5% interest account) until the bill is due. But if I did it right, then it would have built up enough by then to pay for it.

  2. campfrugal Says:
    May 6th, 2008 at 09:14 pm 1210108448
    1210108448

    I add up all those unsuspecting items or bills (kids school, property taxes, garbage removal, clothing allowance) that come due every three, six or twelve months, then round up to the nearest dollar, then divide by 12. That is the amount that I put into my "Freedom Account" every month. When the bill comes due, I transfer the money from my "Freedom Account" savings to my checking and pay the bill, plus I eventually have extra by rounding up to transfer to an account with a better interest rate.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]