Question

Bryan is mapping out essential and non-essential expenses. He owes a car payment of $235 per month for 45 more months. Bryan is thinking about selling the car because he knows he can walk to work, which is only 3 blocks from his home. Which of the following is the correct category for this expense?
a. Emergency fund

b. Essential (fixed) expense

c. Essential (flexible) expense

d. Non-essential expense

Answer 1

the answer is d

Non essential expenses are expenses not essential to meet our needs

Answer 2

The following answer that was provided at first is wrong, on Financial math, the answer is B. Essential (fixed) expense.

Have a great day!

Answer 3

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