Blowing the Budget! Planning for Unexpected Expenses
Sometimes the expenses you face are out of your control. Take this week for example, BC kids have no school Monday, Tuesday and Wednesday. The first question is whether or not existing child care can provide additional coverage and the second is what to do if they don’t.
As it is, Spring Break begins March 12th and runs for two weeks which means extra expense. Another three days adds to the bills. Whether it’s $20 per day or a fun camp for $200 it makes for an expensive month.
Do you have room in your budget for unexpected expenses? They come in all shapes and sizes such as car repairs, a last minute dinner invitation, good bye parties and gifts. It doesn’t matter what it is, if you don’t have a little extra room in your budget to accommodate these unexpected expenses, the dinner menu may become a little dull around the house for the next couple weeks!
If your budget is so tight that these type of surprises through you for a real loop then try to find creative solutions such as trading off with family and friends that may cost you time and effort but not money.
Posted: March 7th, 2012 under CEO of the House, Money & Lifestyle, Money Savvy Tips.
Tags: Budget, Money & Stress