10
QuizMultiple Choice

Case Study: Personal Financial Planning — Quiz

Question 10 • Personal Finance

Which fixed expense would be most difficult to change if money is needed for car payments?

Answer
A
Internet
B
rent
C
electricity
D
cable

Explanation

Rent is usually the most difficult expense to change because it is set by a lease or rental agreement. Internet and cable plans can often be canceled or changed, and electricity use can be reduced. Therefore, rent is the fixed expense that is hardest to adjust for car payments.

AI-written and checked against the verified answer.