household expenditure common expenses

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Household Expenditure Common Expenses

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Household Expenditure

Common Expenses

Expenditure is spending on the goods and

services we use

Expenditure

There are three types of expenditure:1. Fixed Expenditure – Spending on goods or services on a regular basis. Can you think of an example?

Eg. TV license, Car tax, Rent2. Irregular Expenditure – Spending on goods or services where the amount changes

Eg. Groceries, Petrol, Bills3. Discretionary Expenditure - Spending on items we would like to buy but do not need

Eg. Cinema, Presents, Holidays

Types of Expenditure

Food & Drink

Common Expenses

Electricity

Common Expenses

Internet, TV & Phone

Common Expenses

Transport

Common Expenses

Garbage Disposal & Recycling

Common Expenses