Answer: fixed expenses
Explanation: 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
Types of expenses
Variable expenses
Expenses that vary from month to month (electriticy, gas, groceries, clothing).
Fixed expenses
Expenses that remain the same from month to month(rent, cable bill, car payment)
Intermittent expenses
Expenses that occur at various times throughout the year and tend to be in large amounts(tuition payment, car repairs)
Discretionary (non-essential) expenses Expenses for things we don't need (eating out, gifts, snacks)