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 ...

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 ...

Some retirees believe they'll need 70% to 80% of preretirement income, but this may underestimate spending needs. Longevity is also underestimated: A healthy 65-year-old may need to fund 30 or more ...

If there’s a worry that keeps retirees from maximizing their spending during their lifetimes—whether spending on themselves or making lifetime gifts to loved ones and charity—it’s the fear of needing ...

Learn what distress prices are, how they work, and see a real-world example. Discover the importance of using distress ...

Navigating tax season can be a rollercoaster, especially if you're self-employed or have a side gig. Determining what work expenses count as tax deductions can help you get a refund or lower your tax ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. This article is more than 2 years old. Effective expense ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...