The living expenses are life insurance, mortgage and clothing. Thus option (B), (C) and (D) are correct.
What is living expenses?
The expenditure or the cost associated with maintaining a bare-bones standard of living and good health Along with housing, food, clothes, healthcare, and transportation, these are the basic human needs are referred to as Living Expenses.
The living expenses such as rent, mortgage payments, utilities, maintenance, food, clothing, insurance (life, health, and accident), taxes, installment payments, medical costs, support costs when the individual is legally responsible, and other miscellaneous costs are considered an individual's "ordinary and necessary living expenses."
Therefore, it can be concluded that living expenses and cost are life insurance, mortgage and clothing. Thus option (B), (C) and (D) are correct.
Learn more about living expenses here:
https://brainly.com/question/16670343
#SPJ2
