Financial literacy

Profit = Earnings+ Expenses. Ganancias = Pago+ Gastos

Car repairs are a variable expense. Reparar in carro es un gasto variable.

Rent is a variable expense. La renta es un gasto variable.

I earned 10 dollars selling cookies. I spent 3 dollars on ingredients. What is my profit?

Groceries are variable expenses. El mandado es un gasto variable.

Mortgage is a variable expense. El Pago de la casa es un gasto variable.

Car payment is a fixed expense. El Pago de un carro es un gasto fijo.