What are recurring expenses?
Recurring expenses are expenses that occur on a fixed cadence (yearly, monthly, weekly, etc) for the same amount each time.
Examples include Netflix subscription, gym membership, credit card annual fees, rent, and car insurance.
Why are recurring expenses important to track?
Recurring expenses can easily add up. A $6 monthly membership adds up to $72 per year. Now imagine you have several of these of varying amounts. How do you keep track of them all?
How does Lunch Money help?
We automatically detect recurring expenses and let you know when to expect them every month. Easily calculate, organize, and anticipate your recurring expenses to avoid overpaying for unused services!