
How to Invest When Your Income Changes Monthly
Money Guy Show
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The Three Components of a Not Normalized Income
"You can try to aspire to have the simplest financial life possible, but with success, complexity will find you," he says. "Your cash reserves are going to be so much more important for you because that's going to give and truthfully, if you have fluctuating income, that's probably going to be an indicator that you need when you're looking at like a three to six month cash reserves" The third component is what's your goals, funding of those goals objectives for the year - then you can kind of once you have those three components all worked out, you can then put together that timeline that all integrates nicely.
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