budgeting

Fixed Expense

A fixed expense is a recurring cost that stays relatively stable each period.

Explanation

Fixed expenses include rent, insurance, or subscriptions. Knowing them helps define your minimum monthly cash requirement.

Example

Rent of 900 each month is a fixed expense.

Related Terms

Budget Variable Expense

Related content

Glossary

Budget

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Variable Expense

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How to Build a Monthly Budget That Actually Works

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