Tips to Manage Those Large, Periodic Expenses
Some expenses only happen a few times every year: car maintenance, certain insurance premiums, birthdays, holidays, etc. Because these expenses happen so infrequently, it’s hard to budget for them. You may not be able to add a budget line item in your January budget for $600 car maintenance or in July for the $2,000 property tax. You have to prepare for large, one-time expenses, preferably