Fixed Expenses vs Variable Expenses

A fixed expense never changes.

• True

• False

A fixed expense always changes.

• True

• False

A variable expense changes each month.

• True

• False

A variable expense never changes.

• True

• False

Your rent or mortgage is a:

• variable expense

• fixed expense

Gas for your car is a:

• fixed expense

• variable expense

Your electricity bill is a:

• fixed expense

• variable expense

Your car insurance or health insurance is a:

• fixed expense

• variable expense

Your water bill is a:

• variable expense

• fixed expense

Your cell phone bill is a:

• fixed expense

• variable expense