Different Types of Expenses

Video games, magazines, and comic books

• Fixed expense

• Variable expense

• Discretionary expense

Health or car insurance

• Fixed expense

• Variable expense

• Discretionary expense

Payments on fixed-rate personal or student loans

• Fixed expense

• Variable expense

• Discretionary expense

Vacations

• Fixed expense

• Variable expense

• Discretionary expense

Clothing costs

• Fixed expense

• Variable expense

• Discretionary expense

Groceries

• Fixed expense

• Variable expense

• Discretionary expense

Phone plans

• Fixed expense

• Variable expense

• Discretionary expense

Personal care (nail salons, haircare)

• Fixed expense

• Variable expense

• Discretionary expense

Tuition costs

• Fixed expense

• Variable expense

• Discretionary expense

School supplies

• Fixed expense

• Variable expense

• Discretionary expense