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Ways to control your expenses
There are different types of expenses that you need to consider when planning ahead.
Fixed expenses: the amount and frequency are always the same (example: rent).
Variable expenses: you know the frequency but the amount changes (example: phone bill). Make sure you keep money for them!
Discretionary expenses: the not-so-vital expenses (example: leisure). Control them ... and don't let them control you. You can always decide not to spend on such things.
Emergency expenses: the expenses you did not expect, like a medical bill. Beware: bills you fail to anticipate are not emergency expenses!
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