#89 – Plan for the Expected

I didn’t forget the “un” for this week’s challenge. This week is about planning for our expected expenses that are not every month. These expenses are birthdays, holidays, insurance, car registration, hair appointments, and…. It’s the things we don’t think about until that month and then struggle to come up with the money without using the credit cards. How many times has this happened to you?

So here’s your challenge: Easy: Pinpoint your budget weaknesses. Yes I made that plural for a reason. What expenses do you tend to forget until they are due?

Medium: Make a list when before you go to the store and stick to the list. It could also be going into the store for shampoo and coming out with shampoo, conditioner, face wash, toilet paper, etc because you are “almost out..”

Hard: Time to get intentional. Come up with how much you need for your expected expenses for the year. Divide that number by 12 and set up an automatic transfer into a savings account. This way you have the money when you need it.