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List of typical household expenses6/22/2023 ![]() Loans and credit card debt, which fall into this category, typically have a minimum balance due-you’ll want to add at least that minimum payment to your budget. To save money on your phone, you may be able to shop around for a better deal than you have now-or maybe get on a limited data plan.ĭebt payments are exactly what they sound like-payments you make to pay off a debt. Cellphones are usually a fixed expense, so they’re generally easy to budget for. Budgeting for them is relatively easy since they’re typically fixed expenses.Ĭellphone costs can depend on the type of phone you have and the plan you’re on. Internet, cable and streaming services are other items you’ll want to add to your monthly budget. ![]() These types of purchases can be a great place to start when you’re trying to trim expenses.Ħ. For example, a large family will generally cost more to feed than a couple will. These costs can vary depending on a range of factors, including the size of your household. Groceries, toiletries and other essential items A smaller car can generally be more economical than a larger car, SUV or truck.ĥ. The price of gas can fluctuate, depending on the economy and the type of vehicle you drive. If you own a car that runs on gas, that’s another expense to add to your budget. You’ll also want to add other transportation-related costs to your budget such as parking expenses and tolls. If you use public transportation, you should include the costs associated with it-like bus tickets, train tickets or fares for ride-booking services. The same goes for maintenance costs such as inspections and oil changes. If you own a car, you may need to add a car payment and auto insurance to your budget. Whether you own a vehicle or use another type of transportation, you’ll want to include those costs in your budget. ![]() Taking showers, running the dishwasher, doing laundry, watering your lawn and flushing your toilet can all contribute to the cost.
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