2
MODULE
3 Expense categories
Activity Sheet 3-3
Housing: Transportation: Living expenses: Personal expenses:
• Rent or mortgage • Car (loan, lease, • Food • Recreation and
• Heat repairs, insurance) • Clothing entertainment
• Hydro • Gas and parking • Childcare • Eating out
• Cable and internet • Insurance • Loan and credit • Cigarettes/alcohol
• Cell phone or • Public transit card payments • Haircuts
home phone • Taxicabs/Uber • Prescription drugs • Magazines, books
• Other (insurance, • Other and medications and newspapers
maintenance, • Pets • Babysitting
property tax) • Laundry • Vacation and travel
• Other (dental) • Other (hobbies,
savings)
Brainstorm and record examples of expenses from each category.
Decide which expenses are fixed (f) and which are variable (v):
Housing Transportation
Living expenses Personal expenses
8 PROSPER CANADA I Module 3 – Budgeting