Financial Literacy

Sort the items into fixed or variable expenses. Fixed Car payment Rent Electricity Bill Cell Phone Bill Insurance Netflix Internet Bill Variable Clothes Gas Car repairs Movie Tickets Vacation Going to Six Flags Birthday Gift Doctor Bills Abner got paid $2,500 dollars. His rent is $400, his car payment is $23 dollars and he paid $38 to fill up his car with gas. After paying his fixed expenses how much money will he have left? $2,039 $2,077 $2,439 Below is an image of what Robert's paycheck and expenses. What were Robert's total fixed expenses? $174.00 $40.28 $58.74 Below is an image of what Robert's paycheck and expenses. What were Robert's total variable expenses? $174.00 $40.28 $58.74 Answer the following question in the box below. Use complete sentences when answering