What are fixed expenses?

Fixed expenses are recurring costs you pay every month that barely vary. They are often contractually set and cannot be changed at short notice.

Think of:

• Rent or mortgage.
• Energy, water and municipal charges.
• Health insurance and other insurance.
• Internet, phone and subscriptions.

Together with your net income, your fixed expenses determine how much you can spare for investing or a pension. Work it out with the buffer calculator.