A different way to organize your budget exists: the Activity-Based Budget. Rather than using the traditional budget items or headings, this method consists in evaluating the cost associated with each of your activities.
Evaluate Real Costs
In addition to considering direct costs of an activity, the activity-based budget also takes into account indirect expenses, i.e. the cost of various resources necessary to practice the activity. That way, this method enables us to better evaluate the real costs of an activity.