I searched through the forum first but couldn’t find a similar question, though I imagine something everyone has to deal with.
Within many categories we budget let’s say £200 a month but only expect to make transactions in that category once or twice a year. E.g house renovation, new car.
How are these dealt with? In my own excel spreadsheet I would split the cost over 12 months, or have a yearly budget for some categories, or have rolling budgets (which I know are ‘coming soon’).
How are others dealing with rare but high expenses not throwing out their monthly budgets?