Fixed and variable expenses

What type of expense is RENTING a house?

• fixed

• variable

What type of expense is buying a house? MORTGAGE

• fixed

• variable

What type of expense is buying groceries/mandado at Walmart or Fiesta?

• fixed

• variable

What type of expense is paying your cell phone bill every month?

• fixed

• variable

What type of expense is paying your electricity bill every month?

• fixed

• variable

Some people borrow money to buy cars. They have to make car payments to pay back the money they borrowed. What kind of expenses are most car payments?

• Variable expenses, because the amount usually changes every month

• Fixed expenses, because the amount is usually the same every month