Bills that must be paid each month and cost about the same are called what?

These are fixed expenses.

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  1. Variable expenses
  2. Wants
  3. Fixed expenses ✔

Why: Fixed expenses, like a phone plan or subscription bill, stay about the same each month. Variable expenses change from month to month.

Huh, didn't know that: Some fixed expenses, such as a utility bill, can also vary with usage.

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References

Answer: Fixed expenses. Fixed expenses, like a phone plan or subscription bill, stay about the same each month. Variable expenses change from month to month.

  1. CFPB Youth Financial Education Glossary www.consumerfinance.gov/consumer-tools/educator-tools/youth-financial-education/glossary
    Expenses, like bills, that must be paid each month and generally cost the same amount.
    Checked 2026-10-10.

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