Question

Michelle has the following monthly expenses 490 dollars in rent $300 in groceries $90 in movies $69 in clothes $130 cellphone $99 cable television $30 internet $212 car loan $127 Insurance she wants to increase her discretionary income but doesn't know which expense she can cut identify the variable expense she can either lower or eliminate​

Answer 1

Michelle doesn't have to see $90 worth a movie a month, and she could mostly cut that one out, if not completely. She could also see if she is able to lower her internet and/or television bill by downgrading plans.