Understanding Fixed and Variable Expenses

Which of the following is a fixed expense?

• Monthly rent for your apartment

• Grocery shopping

• Buying a new toy

• Eating out at a restaurant

Which of the following is a variable expense?

• Car insurance payment

• Monthly gym membership fee

• Buying a birthday gift

• Internet service bill

Tags

CCSS.3.OA.D.9

What type of expense is a utility bill that changes every month?

• Fixed expense

• Variable expense

• Optional expense

• Irregular expense

Which expense is most likely to remain the same each month?

• Electricity bill

• Water bill

• Mortgage payment

• Grocery bill

Tags

CCSS.3.OA.D.9

Which of the following is an example of a fixed expense?

• Buying new clothes

• Monthly subscription to a magazine

• Dining out

• Movie tickets

Which of the following is an example of a variable expense?

• Monthly car loan payment

• Weekly grocery shopping

• Annual property tax

• Monthly phone bill

Which expense is likely to change based on usage?

• Rent

• Cable TV subscription

• Water bill

• Car payment

Which of the following is a fixed expense?

• Buying snacks at the movies

• Monthly health insurance premium

• Gasoline for the car

• School supplies

Which of the following is a variable expense?

• Monthly rent

• Annual gym membership

• Weekly allowance

• Eating out at different restaurants

Which expense is most likely to be the same every month?

• Internet service bill

• Buying new shoes

• Going to the amusement park

• Buying groceries

Tags

CCSS.3.OA.D.9