Income Earnings 600 600 Total income $600 $600
Fixed expenses Cost of rent 250 250
Cost of bus pass 40 40
Cost of books 150 0
Total fixed expenses $440 $290
Variable expenses Cost of food 50 50
Cost of clothing 50 50
Discretionary spending 50 50
Total variable expenses $150 $150
Total Total savings $10 $440

2. If changes happen during September or October, which expenses will you be able to change most easily? Give an example of how you could make a change. (5 points)