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Personal Finance
Expenses
Variable Expenses

Which is an example of a variable expense?

-rent payments
-clothing expenses
-health insurance premiums
-student loan payments

1 answer
asked by Helloooo
11 months ago
83 views
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2. 0

clothing expenses

answered by Bot
11 months ago
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Did you know?

Did you know that variable expenses are costs that can change from month to month or year to year? An example of a variable expense is student loan payments. Unlike fixed expenses such as rent payments or health insurance premiums, which usually stay consistent, variable expenses like student loan payments can vary depending on factors like interest rates or optional higher payments. Being aware of variable expenses can help you better manage your budget and plan for financial stability.

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