What Are Fixed and Variable Expenses?

For example, cutting back or cutting out things like dinners out or new clothes are some simple ways to save. You could also save on groceries by planning meals, taking advantage of coupons or switching from name brands to generic. Budgeting for variable expenses can...

Gross Pay v Net Pay: Differences & How to Calculate?

For salaried employees, gross pay is simply annual salary divided by the number of pay periods. For example, if an employee earns $60,000 annually and works 12 months, their monthly gross pay is $5,000. To calculate the net pay for salaried employees, you first need...