Tip: Lists (like this one) are one way to impose a structure on a speech. 4. Be concise. It is said that Woodrow Wilson once gave the following reply to a speaking request: âIf youâd like me to speak for five minutes, Iâll need a month to prepare. If youâd like me to speak for 20 minutes, Iâll need two weeks.
This worksheet is an introduction to budgeting. To create a budget you need to understand both your income and your expenses. Here, fixed and variable expenses are explained and practiced. A first step to understanding budgeting is to understand your expenses. There are two main types of expenses, fixed expenses and variable expenses. Fixed expenses tend to be about the same each month, for example rent. Variable expenses tend to fluctuate each month, such as clothing.
Examples of variable costs are again, your salary. If you are an hourly worker, you only get paid for the number of hours you have worked. Unlike the stable eight hour work, you get more or less depending on the time you have spent for work. Summary: Fixed cost and variable cost are the two components of total cost. A fixed cost does not change whether there is an increase or decrease in the quantity of goods and services produced. A variable cost is a type of cost that changes when there is a rise and fall in a companyâs production volume.