Needed vs. Wanted Expenses | Fixed or Variable Expenses | Money Math | Is it an expense? | Definitions |
---|---|---|---|---|
Wanted
Are vacations a needed or wanted expense?
|
Fixed
Is a Netflix membership a fixed or variable expense?
|
$6
What is the total cost of a $1 candy bar and a $5 toy?
|
Yes
Food
|
The money spent on something
Expense
|
Needed
Is a house a needed or wanted expense?
|
Variable
Is food a fixed or variable expense?
|
$21
What is the total cost of a $11 BigMac meal and a $10 McChicken meal from McDonalds?
|
No
Free food sample
|
Something you don't really need
Need
|
Needed
Are groceries a needed or wanted expense?
|
Variable
Is gas a fixed or variable expense?
|
$36
What is the total cost of a $16 binder and $20 neon green shorts?
|
Yes
iPhone
|
Something you can live without
Want
|
Wanted
Are movie tickets a needed or wanted expense?
|
Fixed
Are care payments fixed or variable expenses?
|
$250
What is the total cost of a $100 hoverboard and a $150 bike?
|
No
The air
|
Payments that are the same every month
Fixed expense
|
Wanted
Is a BigMac a needed or wanted expense?
|
Fixed
Is rent a fixed or variable expense?
|
$1050
What is the total cost of a $300 Gucci shirt and $750 Prada bag?
|
Yes
Robux
|
Payments that change every month
Variable expense
|