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  • FIRST POST
    • Drunk Monkey
    • By Drunk Monkey 17th Mar 17, 8:55 PM
    • 64Posts
    • 91Thanks
    Drunk Monkey
    Gratuity & Tips in Personal Budget
    • #1
    • 17th Mar 17, 8:55 PM
    Gratuity & Tips in Personal Budget 17th Mar 17 at 8:55 PM
    Hi there

    Getting on top of a good budget & being ultra-specific my expense categories in my budget.

    I don't think tips left in cash should go towards the cost of the food under the "food" - more of a "present" under personal as it has nothing to do with food.

    My major categories are:

    Transport
    Food
    Utilities
    Healthcare
    Household
    Entertainment
    Personal
    Bank Charges
    Bigs (This is an expense that's predictable in nature, but not in timing.)
    Expenses

    I have various mini-categories.

    let me know your thoughts.

    Thanks,.
Page 1
    • grumbler
    • By grumbler 17th Mar 17, 9:34 PM
    • 51,387 Posts
    • 21,753 Thanks
    grumbler
    • #2
    • 17th Mar 17, 9:34 PM
    • #2
    • 17th Mar 17, 9:34 PM
    It doesn't matter how you class it as long as you are consistent.
    Personally, I don't do this sort of budgeting, but if I did, I would separate 'eating out' from 'food' and and counted the tips towards the former.
    We are born naked, wet and hungry...Then things get worse.

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
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    • Flobberchops
    • By Flobberchops 17th Mar 17, 9:34 PM
    • 505 Posts
    • 339 Thanks
    Flobberchops
    • #3
    • 17th Mar 17, 9:34 PM
    • #3
    • 17th Mar 17, 9:34 PM
    It should go under food. Would you ever leave a waiter a tip if you hadn't also ordered food?
    • boliston
    • By boliston 17th Mar 17, 10:34 PM
    • 2,217 Posts
    • 1,772 Thanks
    boliston
    • #4
    • 17th Mar 17, 10:34 PM
    • #4
    • 17th Mar 17, 10:34 PM
    I think you can get too bogged down in detail -

    I prefer to keep it simple (i use quickbooks)

    Food (including drink & meals out)
    Sundry (eg pet related, haircuts, cigars etc)
    Bills (gas, electric, broadband, mortgage)
    Car (petrol, mot etc)
    Holiday costs (hotels, flights, trains, kennels etc)
    Gifts (birthdays, christmas etc - NOT tips lol!)

    Also "other" expenditure (separately subtotalled) for one-off large purchases like new washing machine, computer, phone etc
    • datlex
    • By datlex 18th Mar 17, 11:25 AM
    • 1,235 Posts
    • 1,057 Thanks
    datlex
    • #5
    • 18th Mar 17, 11:25 AM
    • #5
    • 18th Mar 17, 11:25 AM
    I would put eating out under entertainment not food. Also I don't agree with tipping so would not put that in any category. It seems to be only certain jobs which feel entitled to a tip. Many people will argue they give tips because of the perceived low wage of the person serving. However there are many low paid jobs. When was the last time you tipped the cleaner at your local supermarket for example?
    • boliston
    • By boliston 18th Mar 17, 11:32 AM
    • 2,217 Posts
    • 1,772 Thanks
    boliston
    • #6
    • 18th Mar 17, 11:32 AM
    • #6
    • 18th Mar 17, 11:32 AM
    I would put eating out under entertainment not food. ...
    Originally posted by datlex
    I can't see anything particularly "entertaining" about eating out, unless perhaps I was on business and was expected to "entertain" a client.

    I generally eat because I am hungry rather than to be "entertained" lol
    • Brambleberry
    • By Brambleberry 19th Mar 17, 8:03 PM
    • 177 Posts
    • 794 Thanks
    Brambleberry
    • #7
    • 19th Mar 17, 8:03 PM
    • #7
    • 19th Mar 17, 8:03 PM
    It is entirely up to you to decide where each expense belongs best.

    I put some food spends under different categories, because they are different situations - e.g. food on the go between meetings goes on my "personal" spending, because I chose to buy instead of plan ahead, its the same with non-essential treat goodies.

    Meals where a tip is involved usually come under my "holidays/fun" budget, and occasionally the cash tip will come from my wallet while the bill is paid by card.

    The best tip I can offer you is not to worry about your specific categories too much, this is your budget and you can adjust them as you begin to get a sense of how your cash flow is working. Sometimes mini categories are more helpful so you don't get mixed up having several expenses in one.
    Mortgage 2004: £120000 2017: £8000

    Never underestimate the power of a beautiful spreadsheet.
    • MisterMotivated
    • By MisterMotivated 21st Mar 17, 7:51 AM
    • 164 Posts
    • 140 Thanks
    MisterMotivated
    • #8
    • 21st Mar 17, 7:51 AM
    • #8
    • 21st Mar 17, 7:51 AM
    It is entirely up to you to decide where each expense belongs best.
    Originally posted by Brambleberry
    Yep, it's completely up to you and you might decide to change it over time.

    My budget contains separate categories for food at home, food at work (so I can see how much I waste unnecessarily on sandwiches, crisps, etc), and eating out. I treat tips as part of the overall cost of "eating out".
    • Anthorn
    • By Anthorn 21st Mar 17, 1:23 PM
    • 3,028 Posts
    • 781 Thanks
    Anthorn
    • #9
    • 21st Mar 17, 1:23 PM
    • #9
    • 21st Mar 17, 1:23 PM
    I only ever tip taxi drivers and waiters/waitresses and the tip is just included in the cost. The restaurant where I eat has a space on the bill to add a tip and I do that. It is printed on the bill that the tip is shared by those who served me (waiter, waitress, wine waiter/waitress) but I'm a little suspicious of that. I asked a waitress about that only last week and she said they keep a running total of tips. Usually I do 10%.
    • Shakin Steve
    • By Shakin Steve 21st Mar 17, 5:13 PM
    • 767 Posts
    • 560 Thanks
    Shakin Steve
    My budgeting is far simpler than this. I don't drink, smoke, eat out, go to the cinema or even speak to anyone if I can help it. Life is simpler that way.
    I came into this world with nothing and I've got most of it left.
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