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What are the three types of expenses? Buffalo
- Location: Buffalo, Buffalo, New York, United States
The three main types of expenses are Fixed, Variable, and Periodic, which help in budgeting by categorizing costs that stay the same (rent), fluctuate (groceries/utilities), or occur infrequently (annual insurance/repairs). Another common breakdown, especially for personal finance, uses Needs, Wants, and Savings, focusing on essential vs. non-essential spending and future goals.
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