Budget Categories List

Creating a budget is an essential step towards financial stability and achieving your financial goals. One of the key aspects of creating a budget is categorizing your expenses. By organizing your spending into specific categories, you can gain a better understanding of where your money is going and make more informed financial decisions. In this article, we will provide you with a comprehensive list of budget categories to help you get started on creating your own budget.

1. Fixed Expenses

Fixed expenses are recurring costs that remain relatively stable from month to month. These expenses typically include:

• Rent or mortgage payments
• Utilities (electricity, water, gas)
• Insurance premiums (health, car, home)
• Loan payments (car loan, student loan)
• Internet and cable bills