Fixed and Variable Expenses

Total Expenses

• Is a spending lan for managing your money that includes income and expenses.

• All expenses deducted from income before net pay can result

• Expenses tat remain the same month after month such as mortgages, rent, car payments & insurances

• Expenses that equal all the fixed expenses and variable expenses

Fixed expenses

• Is a spending plan for managing your money

• Income from all possible sources

• Expenses that equal all the fixed & variable expenses.

• Expenses that remain the ssame month after month EX: mortgages, rent, car payments insurances

Variable expenses

• Necessary things or items that are paid monthly

• Expenses that increase/decrease monthly/yearly EX: Utilities, food, entertainment, internet, TV provider

• Is a spending plan for managing your money that includes income and expenses.

• Expenses that remain the same over a period of time.

It is the money you spend on something. Could be fixed or variable.

• Income

• Expenses

it is the expenses that usually paid off regularly

• Fixed Expense

• Variable Expense

it is the expense you paid irregularly

• Fixed Expense

• Variable Expense

What kind of expense is this?

• Fixed Expense

• Variable Expense

What kind of expense is this?

• Fixed Expense

• Variable Expense

What kind of expense is this?

• Fixed Expense

• Variable Expense

What kind of expense is this?

• Fixed Expense

• Variable Expense