Dave Says
Advice from Nashville's leading Financial Aid Advisor Dave Ramsey
Author of Financial Peace and The Total Money Makeover
How do you make a budget with an irregular income?
My husband is in the military, and he has a regular income. I work, but my income is based on sales and is different every month. How can we make a budget that works when we don't know how much is coming in each month?
Tabitha
Dear Tabitha ,
Start with the income that you know is predictable. In this case, begin setting up your written monthly budget based on what your husband makes. Then, you need to determine your absolute minimum income for a given month.
Once this is in place, you can prioritize the remaining expenses, savings and investing based on your income instead of seeing it all slip away because you didn't have a plan.
- Dave
6/05/2006
More About Dave
Dave Says Articles
Dave Ramsey History
Dave Ramsey.com
