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What is the difference between fixed expenses and flexible expenses?
Wiki User
∙ 12y ago
A fixed expense is an expense that will cost you the same month by month. Such as rent, mortgage, car payment, student loans, ect. Flexible expense, refers to expenses that vary month by month, like your gas, phone, and electric bill. Flexible expenses may also include money budgeted for clothes,food, entertainment, and savings. Things that may not cost you the same month to month.
It's important to know the difference so you can budget accordingly.
Source: http://answers.Yahoo.com/question/index?qid=20071101143515AABFl80
Wiki User
∙ 12y ago
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How do flexible expenses differ from fixed expense?
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The difference between fixed and variable inputs?
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The main difference a flexible budget and a static budget is that a flexible budget does not contain fixed costs true or false?
true
What does flexible expense mean?
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What does fixed expenses mean?
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