In this activity I must anwser the following questions based on the reading I did prior to this activity.
1. List three things you spend money on each month that would be fixed expenses.
Two fixed expenses I have include my phone bill and my transit pass, but I don’t think I have a third fixed expense I can list.
2. List three things you spend money on each month that would be variable expenses.
Three variable expenses I have each month include money spent on food, clothing and gifts.
3. If you needed to save some money how could you change your spending?
I could save money by limiting the amount of food and clothing I buy and only buy what I need.
4. How much money could you save in a month without giving up too much?
I could probably save 5-15 dollars a month by doing that.