Question

Please help i have to get my grades up before Monday so i can go to public school (they are bad cause of moving)

Which of these is NOT an example of a fixed expense in a budget?
A) car payment
B) mortgage payment
C) car insurance payment
D) expenses for a birthday party

Answer 1

D. Expenses for a birthday party are not a fixed expense.

By definition, a fixes expense is a bill or something that won't change in the amount of payment. A car payment will always be the same each month; the mortgage will always be the same and car insurance will always be the same each month.