What are future costs?

Future costs are money you might need to pay later for something you're starting now.

Imagine you're saving up to buy a toy that needs batteries. Right now, you only see the price of the toy, that's like the present cost. But if you don’t have batteries, you’ll have to buy them later too, and that’s a future cost!

Think of it like planting a seed in your garden. You spend a little money on the seed now, that’s your present cost. But the plant needs water, sunlight, and maybe even fertilizer over time. Those are your future costs, things you’ll need to pay for later so your plant can grow big and strong.

If you buy a bike today, it might look like just one cost, but if the bike needs a helmet or special shoes to ride it, those are future costs. You might not need them right away, but they’ll be important later when you start riding more.

So future costs are just things you might have to pay for later, even though they're not visible now!