2. What is the difference between fixed expenses and variable expenses?

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Social Studies

Kason

2 June, 17:11

2. What is the difference between fixed expenses and variable expenses?

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Darien Cole · Answer 1

Fixed expenses cost the same amount each month and are usually paid on a regular basis ... Variable expenses can change based on the day, week or month. Although discretionary spending is often a variable expense, variable expenses can be necessities, too.