The most important consideration when planning your budget is <u>allocating the budget for fixed expenses before flexible expenses.
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<h2>Further Explanation
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Fixed expenses are the cost that <u>do not change for a period of time</u>. These include rent or mortgage payment, car payment, dues and subscription.
Flexible expenses are the cost that<u> typically fluctuate</u>. It can be changed, reduced, or eliminated. These include groceries and entertainment costs.
Since flexible expenses can be changed or reduced, allocating the fixed expenses can lead to the safe side of not living beyond your means.
However, before you allocate your flexible expenses, you have to identify these costs. According to a certified financial planner (CFP) a person may need to review 6 months past their financial statements to know the average of their food-related cost if they fluctuate significantly. It is possible that some people are budgeting fixed amount for food but actually spending more after taking into account the restaurant bills or the food delivery bill for lunch and dinner. Keeping a diary of the expenses you pay with cash, such as restaurant bills and grocery purchases, can help you accurately track what you spend over a given period. Once you know your average, you can budget accordingly.
Needs vs. Wants
Flexible expenses like food and gasoline are needs. Eliminating the less important costs from your budget such as maid services can improve your cash flow.
Learn more
- Cash flow brainly.com/question/10714011
- Income brainly.com/question/9932763
Keywords: budget, expenses, flexible expenses, fixed expenses
Answer:you solve on each sides like normal then your equation will come out as “not a solution”
Step-by-step explanation:
13=-7
Answer:
R=0.39789 ft
Step-by-step explanation:
For the perfectly mowed lawn, after one revolution, you want the lawnmower to be exactly one lawnmower's width closer to the pole. This implies that one lawnmower width should wrap around the circumference of the pole every revolution. So for this lawnmower we want:
2πR=2.5
⇒R=2.5/2π
R=0.39789 ft
Answer:
40
Step-by-step explanation:
area of shaded region = area of whole figure - area of non shaded region
area of whole figure: The whole figure is a rectangle
The area of a rectangle can simply be calculated by multiplying the width by the length
The given width is 10ft and the given length is 8ft
Hence area of whole figure = 10 * 8 = 80ft²
Area of non shaded region: the non shaded region also creates a rectangle
Like stated previously the area of a rectangle can simply be calculated by multiplying the width by the length
The given width is 5ft and the given length is 8ft
Hence, area of non shaded region = 5 * 8 = 40ft²
Finally we can find the area of the shaded region.
We can easily do this my subtracting the area of the nonshaded region from the area of the whole figure
If we have identified that the area of the whole figure is 80 and the area of the non shaded region is 40
Then, area of shaded region = 80 - 40 = 40ft²
Answer: ratio a:b = 3:5 p(X, 2) = p(9, 2)
<u>Step-by-step explanation:</u>
Plot points a = (12, 5) and b = (4, -3) and draw a line segment from a to b.
Notice that when y = 2, X = 9 so point p = (9, 2) <em>see graph</em>
The distance from a to p = 3√2
The distance from b to p = 5√2
So the ratio of a:b = 3√2:5√2 = 3:5 <em>when simplified</em>
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<em>To find the distance, use the distance formula OR pythagorean theorem.</em>
