What are good categories for tracking your expenses?
I’ve noticed a check that had these categories of expenses:
mortage/rent, gas/electric, telephone, food, clothing, transportation, credit card, taxes, insurance, home improvement, entertainment and travel, medical/dental, dependent care, savings & investment
I use setbills (rent, utility, gym payment, pulled from my account automatically), misc (online fees), miscfun-adventure, dining, grocery, nightlife, supplies, and computer.
because those are unique to me and my spending habits.
what are some other person’s categories? And what are some ramifications of changing around your how you classify what you spend?