Question

1. why might variable expenses be more difficult to budget for than fixed expenses?○ they are always more expensive than fixed expenses○ they can be less predictable and more volatile○ they are never essential expenses○ they only occur once per year2. according to the 50/30/20 budgeting rule, what percentage of your money should be allocated towards savings?○ 50%○ 30%○ 20%○ 10%

Explanation:

For the first question: Fixed expenses have consistent, predictable amounts, while variable expenses change based on usage or circumstances, making their amounts hard to forecast for budgeting.
For the second question: The 50/30/20 budgeting rule designates 50% to needs, 30% to wants, and 20% to savings/debt repayment.

Answer:

1. They can be less predictable and more volatile
2. 20%