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Expenses

Review of U1 Lesson 2

TermDefinition
Expenses Things you spend money on
What are fixed expenses? Expenses that are always the same amount (rent, cable bill, gym membership)
What are variable expenses? Expenses that change based on usage or amount (grocery bill, power bill, water bill)
What are periodic expenses? Expenses that occur regularly but not every month (car insurance, gifts at the holidays)
Periodic or Variable? grocery bill variable
Periodic or Variable? car insurance periodic
Periodic or Variable? water bill variable
Periodic or Variable? termite yearly inspection periodic
Periodic or Variable? electricity bill variable
Periodic or Variable? college tuition periodic
Created by: sboucher
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