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the cost of education

the cost of education. what is a fixed expense?. Expenses that should be fairly predictable and consistent each month/year - you do not really have much control over them. Fixed examples?. Tuition Student Fees (varies) Books (new $30-120 each, used - $15-40)

noelani-robertson
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the cost of education

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  1. the cost of education

  2. what is a fixed expense? • Expenses that should be fairly predictable and consistent each month/year - you do not really have much control over them.

  3. Fixed examples? • Tuition • Student Fees (varies) • Books (new $30-120 each, used - $15-40) • Basic school supplies ($300/year) • Rent Residence (residence with meal plan $5090/year) OR • Rent (varies with location, availability, if you share) • Car Payments ($300-500/month) • Utilities ($40/month) • Insurance ($100/month) • Phone ($25/month minimum)

  4. what is a variable expense? • Expenses that change on a monthly basis - you have control over them, so if you need to save money, these are the expenses to look at trimming.

  5. Variable examples? • Groceries • Clothing • Gasoline • Parking • Laundry • Travel • Entertainment • Computer and related supplies

  6. Avg. undergraduate tuition for Canadian students

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