Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

Whether you’re applying for a government-backed loan or a conventional mortgage, you’ll likely have the choice between a fixed or variable interest rate. Although a fixed rate is typically safer since ...

Discover how to calculate variable overhead spending variance, its impact on costs, and examples of favorable vs. unfavorable ...

A consulting business must pay its expenses, but not all of those expenses can be determined before signing a contract. While fixed costs such as office rent, utilities and insurance payments add up ...

Learn how to calculate the variable cost ratio to balance production costs and revenues. Understand its role in optimizing profit margins and business decision-making.

If your credit card has a variable APR, expect it to fluctuate for a variety of reasons. For example, if you miss a payment or your credit score has dropped, the card issuer may raise your APR. But ...

Jonathan loves just about anything with a motor and a steering wheel. As a kid, Jonathan collected any kind of toy car he could lay his hands on, and begged his parents to take him to the monster ...

Variable life insurance is a form of permanent life insurance, which is intended to last for a lifetime. As with other forms of life insurance, a variable life policy represents a contract between an ...

A variable-rate mortgage has an interest rate that is not fixed for the full mortgage term. It can either have an annual rate update or an initial fixed rate before switching to a variable rate.

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Variable universal life insurance (VUL) combines the ...

A standard variable rate, or SVR, is an interest rate set by your mortgage lender that you may be moved onto once your fixed, tracker or discount rate mortgage deal ends. If you’d prefer not to switch ...