What are Periodic Expenses and Examples of Them?

Periodic expenses are recurring costs that come up at regular intervals, usually on a monthly basis. They can include things like rent, mortgage payments, insurance premiums, and utilities. Knowing about periodic expenses is important for budgeting purposes as they can have a significant impact on your monthly finances. Let’s take a look at some examples of periodic expenses and how to manage them.


Utility bills such as electric, water, gas, sewer, and trash removal are the most common types of periodic expenses. These bills typically come in once a month and can range from a few hundred dollars to more than one thousand depending on your location and usage. It’s important to be aware of these bills so that you can budget accordingly. You may also want to consider energy-saving measures such as investing in energy-efficient appliances or switching to LED lighting in order to save money over time.


Insurance is another type of periodic expense that is usually paid monthly or quarterly depending on the type of policy you have. Insurance covers everything from life insurance and health insurance to car insurance and homeowners insurance (or renters insurance). While it may seem like an unnecessary expense at first glance, it’s important to make sure you are adequately covered in case anything unexpected happens down the line.


Tax payments are another form of periodic expense that need to be taken into consideration when budgeting for your household or business expenses. Depending on where you live, taxes can range from local property taxes to income taxes or sales taxes paid in quarterly installments throughout the year. It’s important to set aside money each month so that you don’t get hit with hefty tax bills all at once when they come due.


Periodic expenses are an unavoidable part of life for many people – but with careful planning and budgeting, they don’t have to cause any major financial hardship if managed properly. Examples include utility bills, insurance premiums, and taxes – all of which should be kept track of closely so that you’re never surprised by an unexpected bill or expense coming due! By understanding what periodic expenses are and setting up payment plans accordingly, you’ll be able to better manage your finances while still staying ahead of the game!