2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP456: How to Build a Wealth Plan for Financial Independence w/ Katie Gatti

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is There a Predictable Source of Income for Variable Income?

If you don't have such a predictable source of income, a variable income, i think it you almost just have to walk at one step back and assess your lifestyle based on like fixed needs versus discretionary spending. So for people that have super variable income i would recommend really having a solid grasp of what is the bare minimum you're going to need every month to survive comfortably. And then making sure that you have a few multiples of that in like, a a low month fund, separate from an emergency fund, but almost like a floater, if you will.

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