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Budgeting Basics: Tutorial

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Which expenses do not fluctuate on a monthly basis?
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Answer :

GinnyAnswer

Final answer:

Fixed expenses are costs that do not change monthly, such as rent or insurance payments.


Explanation:

Fixed expenses, also known as fixed costs, are those expenses that do not fluctuate on a monthly basis. These include expenses like rent, mortgage payments, car payments, and insurance payments. They remain constant regardless of changes in usage or production.


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