Household budget
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The first step towards financial security is putting together a household budget. This can take several months, as you begin to track your expenses and spending. Start by using the following list to detail all of the annual expenses for your household. The list includes items such as housing, food, clothing, entertainment, insurance, savings, medical, automotive, ...
- Auto expenses – repairs, gas, registration, maintenance
- Child care expenses
- Clothing
- Clubs, dues, associations
- Credit card payments
- Dining out
- Donations, charity, church, tithing
- Education
- Electricity, oil, gas
- Emergency savings
- Emergency travel
- Entertainment
- Fitness, recreation
- Gifts – holiday, birthday, wedding, showers
- Groceries
- Hobbies
- Holidays
- Home owners association (HOA) dues
- Home repair
- Housing – rent or mortgage
- Insurance
- Loans – car, student, other
- Medical
- Personal care
- Phone, internet, cell
- Professional, work related
- Projects
- Retirement
- Savings
- Taxes
- TV, cable or satellite
- Vacations
- Other
