Community template

Managing Household Expenses: household expense categories

This household from Michigan keeps a flat list with a category for every area they track, common or not, including Auction, Delivery and Fraud. Auto, Medical and Utilities get the most detail.

  • 7 groups
  • 16 categories
  • 32 subcategories
  • Detailed (40–79)
  • Couple / household

In their words

It's working for us.

Scandinavians in Michigan

All 55 categories in Managing Household Expenses

Auto

  • Accessories
  • Battery & Tires
  • Insurance
  • Gas
  • Oil & filter
  • Parking
  • Service
  • Wash

Food

  • Dining
  • Groceries

Income Income

  • Interest earned Income
  • Social Security (G) Income
  • Social Security (M) Income

Medical

  • Doctor & Dentist
  • Medical Devices
  • OTC
  • RX

Money Movement

  • Adjustment
  • Charity
  • Church
  • Interest Paid
  • Gifts Given
  • Gifts Received
  • Rewards
  • Wallet

Utilities

  • Cell
  • Gas & Electric
  • Internet
  • Phone
  • Water, Sewer, Trash

Housing

  • Rent
  • Renter's Insurance

Other spending categories

  • Auction
  • Business Expenses
  • Clothing
  • Delivery
  • Education
  • Entertainment
  • Fraud
  • Household
  • Office
  • Personal Care
  • Self-improvement
  • Taxes
  • Bank Charges
  • Finance

Transfers and excluded categories

  • Payment, Transfer Excluded from budget Excluded from totals
  • Withdrawal Excluded from budget Excluded from totals

How to use this template in Lunch Money

Click Copy entire setup at the top of this page, then paste it into Lunch Money as a preset. See the import steps.

Want only part of it? Mix and match categories in the library to build your own template.

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Put Managing Household Expenses to work in Lunch Money

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How to import categories to Lunch Money

  1. Open preset categories. On the Categories page, click the arrow next to Add new category and choose Add preset categories. Add new category menu with Add preset categories selected
  2. Paste your custom setup. In the side panel, select Custom (Advanced) and paste the category list. Use a dash in front of subcategory names.
  3. Review and create. Check the preview for errors, then click Create.
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