<topic sku="dlxbiz" tNum="287174" author="leighanw" xmlns="x-schema:hhTopicSchema.xml"><index><title>Learn about the College & Other Expenses page in the Lifetime Planner</title><category>lifeplan</category><klink type="cncpt">Tell me about the College & Other Expenses page in the Lifetime Planner</klink></index>
<content>
<p>The top half of the <emph>College & Other Expenses</emph> page lists all of your planned one-time and short-term special expenses. The bottom half of the page shows detailed information about whichever expense you click.</p>
<p>On the <emph>College & Other Expenses</emph> page, you can:</p>
<ul>
<li><emph>Tell Money about future one-time or short-term expenses.</emph> Is your child getting married? Will you go on a big vacation? Will you send the kids to college?</li>
<li><emph>Edit the details of a one-time or short-term expense.</emph></li>
</ul>
</content>
<footer>
<extend>
<tease>What's the difference between living expenses and college & other expenses?</tease>
<reveal>
<p>Living expenses are day-to-day expenses that you will have no matter what. Food, housing expenses, car payments, and so on fall into this category.</p>
<p>College & other expenses are special expenses you're anticipating that are either short-term or one-time expenses. For example, a college expense is a short-term expense because it lasts only a few years. A wedding, vacation, and hospital expenses are one-time expenses.</p>
</reveal>
</extend>
<extend>
<tease>Is everything I pay for considered part of my living expenses or a special (college & other) expense?</tease>
<reveal>
<p>No. Loan and debt payments, such as what you pay monthly toward your mortgage, are not considered expenses. Neither are savings contributions, life insurance payments, or taxes.</p>
<p>Expenses that you associate with your home or an asset are reflected here. You can, of course, adjust the income and expenses related to a house or asset. <alink type="prcdr" href="Changetheincomeandexpensesrelatedtoahouseorasset.xml"/></p>
