Budgeting With Different Types of Expenses

Is rent a fixed or variable expense?

• fixed

• variable

Is going to the movies a want or need?

• want

• need

Is food a fixed or variable expense?

• fixed

• variable

Is insurance a want or need?

• want

• need

Are property taxes an intermittent or discretionary expense?

• intermittent

• discretionary

Are property taxes a need or want?

• need

• want

Are club dues fixed or intermittent?

• fixed

• intermittent

Is car repair intermittent or discretionary?

• intermittent

• discretionary

When writing your budget, should you pay all of your bills and then save or save first (pay yourself first)?

• pay bills

• pay yourself first

Which expenses are fixed?

• food and movies

• property taxes and gifts

• rent and insurance

• car repair and club dues