Total Expenses

Expenses can be categorized in 2 ways:

• Fixed
• Variable

Review your spending from the last 3 months.

Categorize expenses as:

• Needs
• Wants

Take a hard look at how much you are spending day to day. Every time you spend money, write it down as it happens in a little notebook or log it into an app.

Alternatively, use the envelope method. Make an envelope for each of your non-fixed expenses, like groceries, clo...

If you keep blowing your budget because expenses “pop up” every month, you’re probably not budgeting for irregular expenses.

It’s a common budget problem with an easy fix: find those quarterly, annual, and other seemingly random expenses, and add them in.