Financial Literacy: Types of Expenses

Front

A yearly physical at the doctor's office

Back

Periodic

Front

A monthly mortgage payment for your home

Back

Fixed

Front

Your water bill

Back

Variable

Front

A ticket to your favorite artist's concert

Back

Discretionary

Front

A trip to the emergency room after a sports injury

Back

Discretionary

Front

Your car payment

Back

Fixed

Front

Buying the latest iPhone

Back

Discretionary

Front

A trip to the grocery store to buy food

Back

Variable

Front

An oil change for your car

Back

Periodic

Front

Your car insurance

Back

Fixed