Hi People,
I’m new to budgeting and unsure about which categories to include. What main categories and sub-categories do you find essential? How do you account for irregular or occasional expenses? Any tips on balancing flexibility with structure? I’d love to hear your advice and examples.
Thanks in advance…
Recently, I decided it might work better for me to combine a couple of categories: presents + contributions, self-care + toiletries, and clothing + shoes. Such detailed information wasn’t necessary for those particular purposes.
In my digital goods/subscriptions area, I maintain monthly subscriptions. App purchases and video games are also included in this category. Usually, annual memberships have their category so that I can budget for them gradually each month.