Budgeting, quite simply, is the act of spending your money efficiently. The importance of budgeting cannot be overemphasized, and whether you’re looking at your individual finances or running a ...

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 ...

Your first step is to define fixed and variable costs. Many businesses follow the accounting principle of categorizing costs that don't vary with sales and production as fixed expenses, regardless of ...

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 ...

Catering kitchens have several types of expenses that are fixed and must be paid each month the business operates. Even if your company does not receive new orders, you are still in operation when you ...

If you want to get a better handle on managing your money, creating a budget should be the first step. You have choices in the type of budget you want to create. Fixed budgets and flexible budgets are ...

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 ...

Millions of Millennials are strapped with outrageous student loan debts and low-paying jobs: a toxic combination that can quickly lead to financial ruin. While you can't do much about your student ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

As you work to create a budget, it’s important to understand how fixed and variable expenses will impact your bottom line. David McMillin writes about credit cards, mortgages, banking, taxes and ...

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 ...

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 ...