![]() Which Is Better: Old vs New Tax Regime For Salaried Employees?.The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. It is important to pay the same amount each month in order to be considered current with the debt. One example of a household fixed expense is the monthly mortgage or rent payment. This is in contrast to fixed expenses, where there is no control over the amount of the expense. Grocery shopping is an example of a flexible expense. Which of these is an example of a flexible expense? Some people also include payroll deductions such as group health insurance and court-ordered payments like child support or alimony in a fixed expense list. Housing, utilities and telephone, transportation, life and disability insurance and childcare are common fixed expenses. The bill is a fixed expense because it is due every month. Another example might be your phone bill. READ ALSO: Is it OK to swallow spit after tooth extraction? What are flexible expenses examples?Īn example is savings which is a fixed expense when you save a certain amount each month and flexible when you save an additional amount from money left over after paying bills and other necessary expenses. Flexible budgets are key to ensuring unexpected expenses can be covered. Flexible expenses are any monthly expenditure that can easily be changed, reduced, or eliminated from your budget.Īn inflexible household budget can lead to a lot of stress if an unexpected cost arises. These expenses include things like rent and car payments. Periodic Expenses: Fixed expenses are costs that have a set price per month. What are fixed periodic and flexible expenses? Entertainment (Movies, music, books, etc.). ![]() ![]()
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