The budget for your family will not look like your neighbor’s budget.
Why? You are different people with different values.
Every budget is unique and is a reflection of our values, goals, and dreams.
I’ll assume you have a budget and meet monthly with your spouse or accountability parter to hammer out the details of your spending plan. If not, I suggest reading How to Budget Like a Pro.
What is the Oddest Item in Your Budget?
All personal budgets have the same items like gas, insurance, food, and the like. But, what about those items you budget for that are unique?
I’ve seen a good number of budgets in my financial coaching career and I’ve never seen the same budget.
In fact, I’ve seen a good number of quirky items of which I’d love to disclose, but can’t due to confidentiality reasons.
Personally, our current odd items beyond the normal are:
- Spending money for our toddler to learn about money.
- Money to spend on gifts for each other. (Helps our marriage and avoid money fights)
- Clothing–not crazy, but I’ve noticed not many people budget for clothing each month.
I know there is nothing too odd currently, but as our income increases I’m sure a few more exciting line items will appear–or at least the dollar amounts.
We budget what we value and what we plan to spend our money on before the month begins.
What do you budget for each month that is “odd”? What is the most unusual item in your monthly budget?