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What is the main difference between fixed and monthly expenses?
Wiki User
∙ 14y ago
The opposite of "fixed" expenses are "variable" expenses. You would have both fixed and variable expenses every month.
Fixed expenses are the same amount every month - no matter what.
Variable expenses are different (they vary) every month depending on choices you make every month.
Examples of fixed expenses:
rent - it's the same amount whether you're there every day or on vacation for 2 weeks
car payment - it's the same whether you drive it daily or it's in the garage
student loans -
garbage collection - (unless you have them haul off furniture or appliances)
Examples of variable expenses:
electric - the more you use, the higher your bill
water - the more you use, the higher your bill
groceries - depends on what you buy each week
entertainment - renting movies vs. going out to dinner vs. going to the beach vs. road trip vs. amusement park vs. bar with friends
Wiki User
∙ 14y ago
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