Determining your fixed and variable expenses is paramount to effectively building a budget. But while accounting for necessary costs is a simple and straightforward task, including discretionary ...

A major part of budgeting is projecting fixed expenses versus variable expenses. The fixed ones are often much simpler to plan for because they will change less frequently and often the merchant ...

I'm a freelance financial journalist and a regular contributor to U.S. News and CreditCards.com. I've written for Life + Money by Citi, Bankrate and The Balance, among others. You can find me on ...

If you’ve ever tried to get your finances under control, then you’ve almost certainly tried to make a budget. And while you know that budgeting is a great way to control your spending, it’s often ...

Your small business incurs fixed costs and variable costs. Fixed costs are expenses you must pay every month regardless of the productivity and profitability of your business. Variable costs grow when ...

Fixed expenses (rent, insurance) remain constant monthly, while variable expenses (groceries, utilities) fluctuate. The 50/30/20 rule allocates 50% for needs, 30% for wants and 20% for savings and ...

Like dieting or exercise, budgeting requires consistency to produce results. But budgeting can be difficult to make into a habit, as it can feel strict and difficult. This is a problem I run into all ...

You must always measure your profit margins for your small business. You can do this in different ways, and the method you choose can tell you what expenses need to be included in your prices. Gross ...

There are many costs associated with running a business, but all of those costs don’t fall into the same bucket. One type is overhead costs, which are expenses not tied directly to the production of a ...

Budgeting helps you achieve financial milestones, from building an emergency fund to saving for a down payment on a home. While it may seem daunting, making a budget isn't that difficult. There are ...

Determining your fixed and variable expenses is paramount to effectively building a budget. But while accounting for necessary costs is a simple and straightforward task, including discretionary ...