Fixed Expenses

What are fixed expenses?

Fixed Expenses Definition: A fixed expense is generally a recurring cost or expense that’s consistently charged and is usually included in a budget for an individual or a company.

These expenses are predictable in most cases, as they are usually paid by automatic withdrawal or credit card, monthly or in regular intervals. Fixed expenses remain the same, so they are easy to factor into your budget since the exact amount is paid every month or period.

Examples of fixed expenses include mortgage payments, rent, insurance, maintenance fees for a condo, and lease or loan payments.

Some fixed expenses vary slightly based on usage, though they are paid in the same regular intervals, such as utilities, property taxes, and internet fees.

Jul 30 - Comparewise Business Loan Banner

Other business terms:

Business Loan Help Center

BlogBrandsCards
How to Get a Grocery Store Business Loan
Best Type of Business Finance for Large Businesses
An End-of-Year Checklist for Your Small Business
How to Get Business Loans in Canada
CIBC
Jeeves
Smarter Loans
Clearco
Forward Funding
Kingsmen Capital Investments
Growth Street Capital
SharpShooter Funding
American Express Business Platinum Card
National Bank Allure Mastercard
National Bank MC1 Mastercard
Tangerine World Mastercard

comparewise

Didn’t find the information you were looking for?

Send us your questions and we will get back to you.

Car loan?
Personal Loan?

Top deals await you just a short
application away!