Fixed, Variable or Irregular Expense?
Irregular
You DoorDash a pizza and it comes right out of your bank account.
Debit
items not required for survival and to complete the daily activities
want
costs that change from one period to the next
variable expense
the type of account that is connected to a debit card
checking
You pay $ 1000 in rent per month.
Fixed
You get new school clothes and receive the bill at the end of the month.
credit card
money set aside for future use
savings
money received without completing a task
unearned income
money earned for keeping money in the bank
interest
Variable
You cannot pay the entire amount of your monthly bill so now you will be charged interest.
credit card
money received for completing a task
earned income
money set aside for an unexpected event
emergency fund
to put money in the bank
deposit
You receive a $ 25 medical bill
Irregular
Your card is declined because there is not enough money in your bank account.
debit
money earned after taxes and deductions
net pay
a plan for spending and saving money based on a person's goals
spending plan
the age you need to have a credit card
18
You spent $ 40 last month on eating out and spent
$ 75 currently this month.
Variable
You don't pay your bill on time and are charged a late fee.
credit
items required for survival or to complete daily activities
need
costs that do not occur on a consistent basis
irregular expense
the acronym for "Automated Banking Machine"
ABM