I plan my meals, batch cook and practice zero waste, so that allows me to treat this typically variable expense as fixed. It is true that without planning, groceries would be a variable expense. This kind of expense in the business world would probably be classed as a variable expense. I set a fixed budget amount and stick to it (fairly well) every month. In my household budget I put groceries into the fixed household expense category. Take this list as some inspiration for your own budget. This blog post aims to help you to decide what you will classify as a fixed expense in your household budget. That of course can be personal but its not the same as household budgeting. They are formal and based on the potential success or failure of a business. Business accounting resources are not always the most helpful for learning about household budgeting. To set up a budget that takes into account the ups and downs of family life, you have to make budgeting work for you and your family. When writing your first household budget, it is helpful to find resources that are based on household budgeting in particular. ‘Bills that need to be paid on a regular and defined basis according to the household budget, yet may vary in cost’ Or in relation to household budgeting fixed expense can be:

An example of this might be business utilities and rent’

‘Costs that do not change regardless of extra sales. Here is my two cents worth on the topic of fixed expenses. In terms of household budgeting, the language you use needs to be personal. What I have come to realise is that there is a lot unnecessary accounting and financial jargon out there. I have researched budgeting terminology a fair bit over the years. Budgeting Step 3: Total Annual Fixed Expenses

Household expenses examples