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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
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What does fixed expenses mean?
the word fixed expenses means to rent
Difference between a floating charge and a fixed charge?
fixed and floating charge
How do flexible expenses differ from fixed expenses?
Flexible expenses vary over time.
What is the difference between fix and variable mortgages?
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.
What is an expense that does not change each month?
fixed expenses do not change, variable expenses do.
The difference between fixed and variable inputs?
difference between fixed and variable inputs
What is difference between fixed asset and inventory?
What is the difference between fixed asset and inventory
How do you make a budget?
In making a budget, whether it be envelope budgeting or what have you, the initial step is to list of your fixed monthly expenses on paper or a spreadsheet. Pull your bank statements for the past year and review so you don't forget listing any expenses. Next you list your net monthly revenue, ie: net paycheck amount.. Then, you subtract monthly expenses from the revenue to determine your monthly cash flow.
Are General Expenses a fixed Cost?
Some general expenses are fixed, meaning that they are the same amount every month, but many are not. When the expense depends on usage, such as electricity, it will not be fixed, but will vary from month to month. An example of a fixed general expense would be a monthly retainer or fee paid to an accountant or lawyer. If the expense is the same amount every month, it is called a fixed cost.
How do you you a sentence with fixed expenses?
sentence do you use fixed expenses in a sentence? that's a sentence^
What does fixed expenses mean?
the word fixed expenses means to rent
Difference between marginal cost accounting statements and absorption cost accounting statement?
marginal costing considers only direct) materials,labour,expenses and variable factory overheads excluding fixed factory overheads but absorption considers (direct) materials ,labour,expenses,variable and fixed factory overheads.
What are the two types of expenses?
fixed expenses and variable expenses
How are variable expenses different from fixed expenses?
Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.
Difference between Fixed and floater medical policy?
the main differences between fixed and floater rigs
Difference between a floating charge and a fixed charge?
fixed and floating charge
Why are fixed expenses difficult to reduce?
Fixed expenses pay for necessities like rent and utility bills.
