how to budget with an irregular income

How do you budget with an irregular income?

Last week, a number of you mentioned a major difficulty in setting up monthly household budgets: irregular incomes. What do you do when you’re self-employed and have a fluctuating income? What if you’re paid on commission? Or what if your income simply varies depending on the time of year? I don’t pretend to think this (read more…)

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Simple Mom is now at the Life Skills Network

I’m happy to announce that I was recently invited to join the Life Skills Network, which is an eclectic group of bloggers dedicated to helping you develop the skills needed to live life to the fullest. Check out this resource for a conglomeration of topics from personal finance to motivation. Here are the great bloggers (read more…)

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It’s giveaway time – your family budgeting problems, solved.

The giveaway is now closed! Check here for the winner. I told you that today, I’d tell you about what tool I use for our family budgeting, and that I’d give you a chance to win it. I did not lie. Photo by Dayna Bateman It seems rather nerdy to get excited about a budgeting (read more…)

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Zero-based budgets for the home: a primer

Photo by Carlos Aldana Budgets have a bad rap because they’re seen as shackles. Instead of getting to do fun things with money, budgets make you do boring things, like pay the gas bill, and not go out to eat. Not necessarily. Whether you realize it, you do have a budget. Your budget might reveal (read more…)

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Family finances: our modus operandi

Here’s how we handle the family finances in our home. Photo by Teng Tan Our Basic Structure • We keep track of all our spending with a monthly zero-based budget. I’ll explain the basics of this type of budget tomorrow, so be looking for it! • Together, my husband and I decided that I would (read more…)

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