Variable Expense

My Definition

Key Characteristics

The following are true of variable expense:

  • It fluctuates from month to month.

  • It allows for greater personal control in spending.

  • It is often associated with discretionary items in personal budgets.

  • It often reflects "wants."

  • It sometimes reflects "needs."

  • It depends upon the situation.


Example

Click on the link below to further study examples of variable expenses.

Variable Expenses Activity

Non-example

House payments are an example of a fixed expense.

TEKS: 4(10)(A), 7(13)(B)