Looking for True Expenses ideas


Since having my financial ego crushed by Covid, I finally created a real Emergency Fund for the first time. I like keeping it as an E-fund instead of just Income Replacement so that I can pivot its purpose to whatever unexpected emergency arises. However, I keep fighting the temptation to add more and more to this category. This year I might be able to save for True Expenses, but I've often had trouble thinking of what they might be. I'd like to crowdsource ideas from people in case I'm missing anything.

I'm a 30-something freelancer living in a HCOL city in the U.S. with a young cat. I rent with my partner and use a combination of public transit and bicycle to get around.

Right now I have:

- Monthly and annual subscriptions

- Tech/laptop replacement

- Bike repair/accessories

- Medical appointments

- Glasses

- Moving costs (nothing planned but likely to move again in less than 5 years)


Anything else you'd recommend?

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    • HappyDance Thanks! Odd, when I did a forum quick-search of "True Expenses", this didn't seem to come up.

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      • HappyDance
      • YNABing consistently since 2014
      • HappyDance
      • 5 days ago
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      The Artist Formerly Known As 

      Yeah. I hear you. Finding anything using the current search is a total crap shoot, even when you know the thread exists and sometimes when you posted to it.

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  • Oooh, here are a few:

    • Pet vet expenses! Both annual check-ups and emergency visits. 
    • Gifts and charitable contributions, as well as miscellaneous spending like clothing, housewares, etc, unless you prefer to use a wish farm method for things like that (this is what I'm doing, but I'm not a big spender on "things."
    • If you have renter's insurance you might also want a category for the deductible
    • tax preparation
    • tax withholdings for freelance income
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    • mandiferous Thanks! I just started using tax prep and withholdings categories; they've been a lifesaver.

      Pet annual check-ups and visits is a good point. I'm new to having my own pet.

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    • The Artist Formerly Known As Ah - congrats on being a new furparent! It's totally worth it, but if I could go back in time, preparing for pet emergency expenses is definitely one of the budget-related things that I would risk a space-time continuum rift to warn myself about.

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