![]() ![]() Inflexible costs are considered riskier than other types of expenses.Inflexible expenses are generally fixed over a relevant range, a level of activity that only results in additional costs should the individual or company jump to a different relevant range.Companies pay inflexible expenses such as leases, interest, insurance, and salaries.Examples of inflexible expenses for an individual include mortgages, car payments, and student loans.An inflexible expense is a cost to an individual or a company that can not easily be changed in amount or avoided. ![]() This Turbo Blog can get you on the right track starting at age 30.
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