Definition, Meaning & Synonyms
personal expenses
Noun
/ˈpɜːrsənl ɪkˈspɛnsɪz/
Definition
Personal expenses refer to the costs incurred by an individual for personal needs and desires, which are not related to business or professional activities.
Examples
- “Her personal expenses include the monthly gym membership and dining out with friends.”
- “Tracking personal expenses helps individuals manage their finances better.”
Meaning
These expenses include everyday costs such as groceries, entertainment, clothing, and other purchases made for one’s personal life.
Synonyms
- individual costs
- personal costs
- private expenses
- personal expenditures
