Does the Monthly budget time period have different expense categories compared with the Yearly?
In general, the Monthly budget time period does have different expense categories compared with Yearly. For example, the majority of people do not take a vacation each month. Therefore, “Vacation /Travel” is not listed as a Monthly expense category. But it is listed as a Yearly category. Of course if you do take a vacation each month, feel free to add that category to your Monthly list.