Question

Match the expenses to their categories. phone services buying clothes for family car loan payment gas bills grocery expenses mortgage loan

Fixed Expenses Variable Expenses

Answer 1

fixed expenses are : car loan payment, mortgage loan

Variable expenses are: grocery expenses, gas bills, buying clothes, phone services

Answer 2

phone services: fixed

buying clothes for family: variable

car loan payment: fixed

gas bills: fixed if for a house, variable if for car

grocery expenses: variable

mortgage loan: fixed