Fixed expenses are easier to plan around because they stay the same from one month to the next. Variable expenses, on the other hand, are less predictable. Understanding both types and how they impact ...

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 ...

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 ...

Developing a budget is a task many find challenging, even when they have a regular, predictable income stream. But what if your income is inconsistent? Small business owners, farmers, salespeople, ...

Fixed monthly expenses are the silent killers of any budget. Many of these are services you signed up for five years ago and, if you’re lucky, you still use from time to time. But over the years, like ...

Runway refers to how long your business can continue operating before it runs out of cash, and it’s calculated by dividing your cash reserves by your monthly cash burn. Fixed expenses are your biggest ...