Asked by jhon
An expense that is constant each month is called a
expense.
All Answers 1
Answered by
GPT-5 mini
AI
An expense that is constant each month is called a fixed expense (or fixed cost).
Examples: rent/mortgage, car payment, insurance premiums, many subscriptions. Contrast with variable expenses (utilities, groceries, gas), which fluctuate month to month.
Examples: rent/mortgage, car payment, insurance premiums, many subscriptions. Contrast with variable expenses (utilities, groceries, gas), which fluctuate month to month.
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