You could also switch to a cheaper car or health insurance plan or pick an alternative homeowners or renters insurance plan to reduce your fixed expenses. What Are Variable Costs? Variable costs ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University ...

Understanding the difference between fixed and variable expenses is fundamental. Fixed expenses, such as rent or mortgage payments, insurance, and utilities, remain constant each month.

Fixed costs can be direct or indirect and may influence profitability at different points on the income statement. Unlike a fixed cost, a variable cost is directly associated with production and ...