Alberto is making a budget. He owes a cell phone bill of $60 per month for 23 more months, plus the fees for any extra usage suc
h as text messaging or extra minutes. Which of the following is the correct category for this expense? a.
Essential (flexible) expense
b.
Emergency fund
c.
Essential (fixed) expense
d.
Non-essential expense
I'm not sure what your book is saying about the matter but a cell phone is not usually an essential expense. If it is saying it is though, it would be an essential flexible expense.