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a(n) _______________ costs the same amount every month.- fixed expense-…

Question

a(n) _____________ costs the same amount every month.- fixed expense- deficit- budget- variable expense_____________ is a strategy where individuals prioritize saving by putting a portion of their income into savings before paying other expenses.- pay yourself first- zero-based budget- 50/30/20 budget- cash envelope budget

Explanation:

Brief Explanations
  1. For the first question: Fixed expenses are defined as costs that remain the same each month, matching the description. Deficit refers to a shortfall of funds, a budget is a spending plan, and variable expenses change in amount monthly.
  2. For the second question: The "Pay Yourself First" strategy specifically involves setting aside savings from income before covering other expenses. Zero-based budgeting requires justifying all expenses monthly, 50/30/20 is a percentage-based budget split, and cash envelope uses physical cash for categories.

Answer:

  1. Fixed Expense
  2. Pay Yourself First