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Financial Literacy: Types of Expenses

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

A yearly physical at the doctor's office

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

2.

A monthly mortgage payment for your home

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

3.

Your water bill

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

4.

A ticket to your favorite artist's concert

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

5.

A trip to the emergency room after a sports injury

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

6.

Your car payment

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

7.

Buying the latest iPhone

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

8.

A trip to the grocery store to buy food

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

9.

An oil change for your car

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

10.

Your cell phone bill

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

11.

Your car insurance

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

12.

Your yearly dental cleaning

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

13.

Your electricity bill

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

14.

A trip to the beach for the weekend

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

15.

Your credit card payment

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable