Let’s return to a topic we haven’t discussed in a while…True Expenses.

What are True Expenses?

True Expenses are the less-frequent expenses that come up in life. They’re not the monthly expenses that you pay on a regular basis, like rent or groceries. Instead, they’re the expenses that you don’t pay regularly but that you know will come up eventually.

Examples of True Expenses

  • Car repairs
  • Christmas presents
  • Vacation expenses
  • Annual subscriptions
  • Medical bills
  • House repairs or home improvement projects

Why you should include True Expenses in your spending plan

Including True Expenses in your spending plan (budget) helps you avoid creating unwanted debt. You won’t have to reach for that credit card you just paid off! It can also help you reach your financial goals and have peace of mind. Actively allocating funds for these expenses means you won’t be hit with a surprise.


In this week’s episode of Profit for Joy® TV, I will discuss:

  • What True Expenses are
  • Some examples of True Expenses
  • Why you should include them in your spending plan

I’d love to hear from you! Do you have True Expenses in your budget? What are some of your True Expenses? Comment below and let me know!

Go follow the amazing Kate Northrup https://www.instagram.com/katenorthrup


Submit a Comment

Your email address will not be published. Required fields are marked *

Hi, I’m Amber!

It’s my mission to help you go from just making money – to actually keeping it (and spending it on the things that make your life awesome).


Have a topic you’d like to hear some tips about? Let us know!


TAKE ACTION: Get on the list for our next LIVE masterclass.

💕 FIND SUPPORT: Join our community.

🍿 SUBSCRIBE: To our YouTube channel.


The First Step to Regulating your Nervous System Around Money
The First Step to Regulating your Nervous System Around Money

Are you ready to embark on a journey towards financial peace of mind? If you've been on the fence about joining one of our masterclasses or missed out on previous opportunities, this is your chance! I’m  thrilled to announce our upcoming live masterclass events! Join...

Why YNAB is PERFECT for Profit First!
Why YNAB is PERFECT for Profit First!

How do you feel when I say “solid foundations”? For some, this may feel a little “meh”.  Not so sexy.  Boring. But for online business owners having a solid financial foundation is the game-changing factor in your success!  Now, I’m not saying that you have to have...

How to Calculate a Profitable Revenue Goal for your Business
How to Calculate a Profitable Revenue Goal for your Business

How many times have you been asked, “What is your revenue goal” by your business coach or fellow mastermind members?  And how many times have you spouted a number out of habit or because someone told you it’s what you should shoot for? 🙋🏻‍♀️ First of all, there’s no...

5 Key Strategies To Permanent Profitability

Are you ready to take the first steps to untangle your personal and business finances and use your revenue goal to advance your business?

Register for the NEXT live Masterclass!

We have been told by past participants that this free experience has been worth more than the last three investments they have made in their business. In other words, you don't want to miss it!

Get ready to lay the roadmap to a profitable and sustainable business while uncovering how to start healing your relationship with money. Remember, money is simply a resource to allow us to live a life of joy. We can't wait to support you in our next live workshop. Big kudos to you for taking this big step toward financial self-care.

Share This