What type of expenses do one-time expenses typically include?

One-time expenses are costs that are not expected to recur regularly and are typically associated with unexpected situations or specific events. These kinds of expenses can cover a range of unexpected costs that arise in different situations.

Emergency expenses fall into this category because they are often unpredictable and can occur at any time. They can include unplanned medical costs, urgent home repairs, or car maintenance issues that require immediate attention. Since these expenses arise suddenly and are not part of a regular budget, they are classified as one-time costs.

In contrast, regular maintenance costs, monthly utility bills, and recurring subscriptions are ongoing expenses that are predictable and typically appear on a regular basis, making them unsuitable for classification as one-time expenses.