It is possible to budget for irregular expenses paid infrequently.

Question

Quizplus · Accepted Answer

It is possible to budget for irregular expenses by setting aside a portion of income in a separate account or budget category and calculating the amount needed for the expense based on its frequency and anticipated cost. This can help ensure that the necessary funds are available when the expense is due, rather than relying on credit or dipping into emergency savings.

It Is Possible to Budget for Irregular Expenses Paid Infrequently