Do you have irregular income? A few years ago, my husband owned his own business and our income was very much irregular. It took me forever to figure out how to budget for this ever-changing stream of money.
Once I figured out it was all about my approach and how I applied the budgeting formula, I was able to quickly figure out the best way to budget for irregular income.
This video is short (under five minutes) and will help to explain how to apply the budget formula to irregular income. (If you have trouble viewing the video below, you can view on YouTube here.)
If you are looking for more tools to help you with irregular income budgeting, I suggest reviewing my How to Use Dave’s Allocated Spending Plan post. Using his worksheet is amazing for those that have irregular income because it allows you to see your expenses from week to week.
JOIN THE CHALLENGE!
Money controlling you? I know the feeling. My family has been living this real life on a budget for a long time and I can tell you that there's never a perfect season, but with a few changes you can start to reign in your money issues.
Join the 5-Day Challenge today and start getting your money life in order this week!