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Fixed or Flexible Expenses?

Read the list of expenses below. Decide whether each expense is fixed or flexible. List each expense under the appropriate column in the chart.

Movie
Telephone bills
Rent payments
Credit card payments
Gas
Laundry
Food
Books and magazines
New shoes
Ice cream
Mortgage payments
Auto insurance
Make-up
Automobile loan payments
Automobile maintenance
Birthday presents
Concert tickets
Savings
Medical insurance
Trip expenses

Fixed expenses
Flexible expenses
   
   
   
   
   
   
   
   
   
   
   

 

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