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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and they should determine fixed and flexible expenses. (Fixed expenses are exact amounts due on a specific date.
"Then she should budget enough to cover flexible expenses," says Broadnax-Lawrence, who also urges Graham to save while paying debt.
With flexible expenses (i.e., utilities) it's a simple matter of putting in the right amount and pushing a button.

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