Flexible expenses

Flexible expenses

Expenses for an individual or corporation that can be adjusted or completely dispensed with, e.g., luxury goods.

Flexible Expenses

Unnecessary expenses that may be foregone if necessary. Personal flexible expenses might include luxury goods and services such as those associated with a vacation. Business flexible expenses might include personal accounts used to take potential clients out to dinner. In certain circumstances, even necessary expenses can be considered flexible if one may cut back on them. For example, one may spend less on groceries in a given week.
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Flexible expenses include money spent on wants and needs that are irregular in nature.
Flexible expenses fluctuate from month to month, and may possibly be altered to balance the plan (credit card, utility bill).
Then she should budget enough to cover flexible expenses," says Broadnax-Lawrence, who also urges Graham to save while paying debt.
Then list all your expenses, broken down into fixed expenses (mortgage, insurance premiums) and flexible expenses (food, transportation).

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