Budgeting

Examples of Fixed Expenses include:

• Mortgage, loans, rent
• Cable, entertainment, food
• Gas, food, phone
• Clothing, gas, food

Preparing a budget includes

• Income, Expenses, Saving
• Only listing your expenses
• Only listing your debts
• Only listing your income

Which one is a fixed (same amount, same time) payment?

• food

• power

• mortgage

• petrol

Car Payment

• Fixed Expense
• Variable Expense

Fixed or variable expense: Groceries

• Fixed

• Variable

Utilities

• Fixed Expenses
• Variable Expenses

Gas

• Fixed Expense
• Variable Expense

Car Insurance

• Fixed Expense
• Variable Expense

Entertainment

• Fixed Expense
• Variable Expense

Dining Out

• Fixed Expense
• Variable Expense