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You need to list your expenses based on how often you need to pay them and when you need to pay them. All finances can be broken down into essentially four categories. Weekly expenses
Monthly expenses
Annual, semi annual and quarterly expenses
It’s also extremely important to set aside money that can cover emergency and discretionary expenses

Weekly expenses deal with smaller, more day to day items
Most households have children who require money to maintain a routine lifestyle Groceries, of course are essential to any household
Then you have the items that deal with personal care such as clothes and toiletries Another common necessary expense is for transportation. Not necessarily how you pay for your car (that’s typically a monthly expense) but more so for things like gas

Monthly expenses are typically the heavier ones of the bunch. The majority of what your household runs on is paid monthly. Credit card payments are due each month, along with your mortgage or rent, then your utility bill for heat and electricity has to be paid as well. Then on top of that you have to pay telephone bills, TV and internet. If you have teenagers you’ll pay these first if you know what’s best for you. The long term bills typically deal with the big stuff. Things like your house and other properties along with various types of vital insurances such as health insurance life insurance home insurance and auto insurance. These are high priority bills. Next is perhaps the most important part of planning your budget, this can either make you or break you. The unexpected fund allows you to reserve money in case some sort of unforeseen incident occurs. If you get in a car wreck, if there’s a hurricane and a tree falls on your roof, or if your kids break an arm or get sick. All of this can be planned for ahead of time and avoid the stress of worrying about how you’re going to pay for it when these type of things happen. Lastly everyone needs to put money aside for...
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