Have you ever had to sit down and figure out how you are going to work in those extra expenses into your budget each month? It is not an easy task, and it can sometimes feel like the end of the world when you can’t find the pennies to rub together to do everything you need to. But, that is why we have written this article to give you some of the help that you need in order to fit them in as easily as possible. Keep reading to find out more information on this topic.
This post may contain affiliate links, which means that if you click on one of the product links, I’ll receive a commission or other benefit at no additional cost to you. Thank you for supporting The Daily Change Jar.
Want access to the Free Printables Library with loads of resources for saving money, making a side income, and managing the money you already have? Enter your info below to get instant access to all the FREE goodies!
Let me know where to send your FREE access to my resource library of frugal resources and entrepreneurship trainings!
When you are setting your budget, make sure that you have done this as loosely as possible. What we mean by this is that some people like to sort their money down to the very last penny, which is known as tight budgeting. Instead, we are going to suggest that you do the opposite and always overestimate how much everything is going to be. This way, you will find that there is always a little bit of extra money from the essentials, and you will feel a lot better about those expenses coming at you.
For example, when you budget loose, it is going to be a lot easier to fit in those home or truck repairs that you have been looking for. If you want you can visit www.eliteautomotive.vegas to find some of the best services in the truck repair business. This will give you a good indication of how much these can cost, and in turn, an indication of how much just budgeting loosely can help you.
Have A Savings Section
When you are budgeting, ensure that you are budgeting money for your savings account. Now, this is not a necessity, so it should be done after you have budgeted for everything else, but when there is money left, it should always be done. Work out how much you can afford to put into savings every month that will still leave you some money for those luxury items that you want. We know that this isn’t easy, and not everyone is going to be able to do this, but it can be a massive help if you can manage it. You can even use a budgeting manager like https://www.moneysavingexpert.com to help you if you find this difficult.
If you are budgeting savings, no matter whether it has a purpose or not, you are setting aside money that you won’t spend. So, if something does jump out at you that you aren’t prepared for, at least you have some money in the bank that can help you out. Don’t be worried about if it was originally intended for a holiday or something like this because extra expenses such as things for your children, or any kind of repair needs to come way before any of that.
We hope that you have found this article helpful, and now see how you can fit those extra expenses into your budget. It is not an easy task, but if you do the two things that we have mentioned above, you are going to find it a lot easier.
The Frugal Girl's Guide to Meal Planning
Enter your name and email and grab The Frugal Girl's Guide to Meal Planning like a Boss! Save time and money by meal planning the easy way!