خرچ (Kharach) is a term commonly used in Urdu and Persian, referring to expenses or costs incurred in daily life. It encompasses various types of expenditures, including household bills, groceries, and other financial obligations. Understanding خرچ is essential for effective budgeting and financial planning. Managing خرچ involves tracking income and expenses to ensure that one lives within their means. This practice helps individuals and families make informed decisions about spending and saving, ultimately leading to better financial stability. Tools like spreadsheets or budgeting apps can assist in monitoring خرچ effectively.