Here is a comprehensive list of irregular expense to help you better plan for and budget them into your expenses. Without planning for these sometimes large variable expenses you budget will not be balanced.
Your insurance expenses may be billed monthly or you may elect to pay them just annually or quarterly.
- Homeowner’s/renter’s insurance premium: This might have been rolled into your mortgage payment, but once you have paid it off or refinanced, it might need to be paid separately.
- Auto insurance premiums
- Life insurance premiums
- Disability insurance premiums
- Health insurance premiums (if you buy your own policy)
- Dental insurance premiums
- Vision insurance premiums (if you buy your own policy)
Taxes – Retirement – Charity
If you don’t pay as you go, these can turn into large expenses you will have to fund once a year or quarterly.
- Estimated tax payments
- Property tax: This might be paid out of escrow by your mortgage company, but if the tax went up you will have to make up the difference.
- Income tax payment (if not enough was withheld)
- Retirement contributions: if you wait to make that tax-deferred contribution annually
- Charitable contributions
- Home Expenses
- You need to take care of your dwelling, and these expenses can come up by surprise.
- Home repairs
- New appliances, repair or replacement
- Furniture replacement and additions
- Bedding, kitchenware, linens
- Lawn care
- Garden expenses
- Tree care and removal
- Heating oil/propane fill-ups
- Homeowners’ association dues
There are many expenses associated with a car, truck or motorcycle beyond gas and insurance.
- Vehicle maintenance
- Vehicle repairs
- Vehicle registrations
- Vehicle inspections
- Pay-as-you-go cell phone minutes
- Replacing your cell phone to update it or when lost or stolen
- Tuition bills
- Class dues
- School and office supplies
- School pictures and yearbooks
- Field trips
Even if you have a good insurance plan, you can rack up unexpected expenses.
- Yearly check-ups (medical and vision)
- Medical bills
- Dental cleanings
- Dental work
- Insurance deductibles (enough to cover your largest deductible)
Your best friend can also cost you irregular expenses.
- Pet check-ups, vaccinations, prescriptions
- Pet grooming
- Pet licensing
- Pet boarding
- Veterinary health insurance
- Emergency veterinary care
Personal Care Expenses
What you wear and how you look can cost you money.
Hair care, nail care
- Clothing and shoes
- Leisure Expenses
- Vacations/Travel, including transportation, lodging, food, admission fees
- Magazine subscriptions
- Newspaper subscriptions
- TV/movie streaming subscriptions (ex: Amazon Prime)
- Season tickets/Season passes
- Fine dining events
- One-time tickets (to concerts, plays, conferences, theme parks, festivals, etc.)
- Home electronics, computers, mobile devices
- Sports activity supplies, clothing, shoes, equipment, fees
- Membership fees (for clubs, gym, work-related organizations, warehouse clubs, co-ops, etc.)
- Kids’ activities fees (sports, dance, scouts, after-school clubs, camp, etc.)
- Christmas (food, travel, clothes, gifts, decorations, etc.)
- Summer camp/ additional child care during summer break