8
QuizMultiple Choice

Case Study: Personal Financial Planning

Question 8 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

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

Answer
A
rent
B
electricity
C
cable
D
Internet

Explanation

Rent is usually the most difficult expense to change quickly because it is set by a lease or rental agreement. Electricity, cable, and Internet use or services may be reduced or canceled more easily. The correct choice is rent.

AI-written and checked against the verified answer.

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