Day 8 - Fixed vs Variable expenses
We begin week 2: Cash Flow Mastery with a deep dive into our expenses. For today, I want you to get 2 numbers: your fixed expenses and your variable expenses. • Fixed expenses = consistent, recurring amounts (rent, mortgage, insurance, subscriptions) • Variable expenses = fluctuating amounts (food, shopping, travel, entertainment) • Clarity creates control: if you don’t separate these, everything feels random and the picture is murky • Fixed costs tell you your baseline survival number • Variable costs reveal your behavior patterns and emotional spending For today: List all fixed expenses first (no guessing - use real numbers) • Then review the last 30 days and identify variable spending We are going from: “Where did my money go?” to: “I know exactly where it goes.” You don’t have to share any numbers, just reflections or surprises and that you’ve done it!