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6 votes
6 votes
Is monthly rent a fixed expense?

2 Answers

7 votes
7 votes

Answer: yes it is

Step-by-step explanation:

you have to keep paying the same amount every month for a certain number of months

User Ilya Denisov
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10 votes
10 votes

Answer:

The definition of fixed expenses is “any expense that does not change from period to period," such as mortgage or rent payments, utility bills, and loan payments. The amounts may vary slightly, which may be the case with utilities, but you know they are due on a regular basis.

Hope this helps, have a wonderful day/night, and stay safe!

User Sungeun
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