What are some common expenses that people often forget to budget for?

There are several common expenses that people often forget to budget for, such as:

1. Home maintenance and repairs: It's important to set aside some money every month for home maintenance and repairs. This can include things like fixing leaky faucets, replacing old appliances, or repainting rooms.

2. Car maintenance and repairs: Similar to home maintenance, car maintenance and repairs can be costly. Make sure to budget for things like oil changes, tire rotations, and unexpected repairs.

3. Medical expenses: Even with insurance, medical expenses can add up quickly. Consider budgeting for copays, deductibles, and other medical expenses that may not be covered by insurance.

4. Gifts and special occasions: Birthdays, weddings, and holidays can be expensive. Make sure to budget for gifts and special occasions throughout the year.

5. Subscriptions and memberships: It's easy to forget about monthly or yearly subscriptions and memberships, such as gym memberships, streaming services, or magazine subscriptions. Make sure to keep track of these expenses and include them in your budget.

By including these expenses in your budget, you can better prepare for unexpected costs and avoid overspending.