Posted in Finance, Accounting and Economics Terms, Total Reads: 247
Definition: Flexible Expense
Flexible expenses are those expenses that can be adjusted or are flexible that can be changed according to the conditions. Generally expense on luxurious goods and on entertainment can be considered as flexible expense which can be varied according to the financial conditions.
Also Flexible expense may vary from person to person as what to be considered as a flexible expense how an individual treat a particular expense and can cut them if required. Flexible expense are the miscellaneous expense that occur in day to day transactions
Example of Household monthly expense categorizing type of expense