Many small businesses use simple accounting software to track their finances. Some even use plain spreadsheets. Whatever your businesses uses, its success depends upon your management team having ...

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 ...

Learning how to create and maintain a monthly budget that takes into account your income, living expenses and spending habits can be difficult. However, factoring in living expenses – such as rent, ...

Car expenses rank second only to housing costs for many Americans. A family with two cars to insure and pay off could easily spend $1,000 or more per month to drive. But automotive expenses can often ...

David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial education and awareness. MoMo Productions / Getty Images The average retired ...

In 2023, the average retiree age 65 or older spent just over $5,000 per month. The largest portion of that went toward ...