In the past, I've had separate line items for drugs, medical expenses (e.g. copays for doctor's visits), and insurance premiums. However, I now have a medical FSA and am paying most of my medication and copays out of that.
I'm also realizing that I probably allocated too little money for my FSA this year and, as I understand it, it's too late to change my mind about my contribution for this year, so it's quite possible that I'll spend more than I'm actually contributing to my FSA some months.
Given that the amount I spend on health care isn't necessarily the same as the amount I contribute to my FSA, how should I account for that on my budget?
My first thought was to just include the amount that I'm actually spending (i.e. the amount that's withheld from my paycheck every month) on my budget. If I did that, is there a way to avoid the whole "out of sight, out of mind" thing and make sure that I'm actually controlling that expense? (I'm truthfully already having at least some difficulty not viewing stuff I charge to my FSA as "free money" in a sense, even though I do realize that I'm still paying for it in the end).