Question

What is the term for money that is necessary to pay to avoid debt, getting evicted, or repossession of things like your car?

fun money
free money
flexible expenses
fixed expenses

Answer 1

The term for money that is necessary to pay to avoid debt, getting evicted, or repossession of things like your car is **fixed expenses**. Fixed expenses are regular, unavoidable costs that must be paid, such as rent, mortgage payments, car loans, and other essential bills.