QUESTION IMAGE
Question
multiple-choice question
what is an example of a fixed/essential expense? select all that apply.
concert tickets
starbucks
rent
cell phone contract
Brief Explanations
Fixed/essential expenses are recurring, necessary costs for basic living or obligations. Concert tickets and Starbucks are discretionary, non-essential purchases. Rent is a mandatory, fixed cost for housing, and a cell phone contract is a recurring essential service for most modern needs.
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Rent
Cell Phone Contract