Mastering Budgeting with Inconsistent Income

Sep 13, 2023

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It can feel hard to master your budget with inconsistent income, especially if you're an entrepreneur. Budgeting and managing your money is hard enough when you have a steady paycheck each month and a laundry list of goals you want to achieve. When you throw in inconsistent income, budgeting becomes even harder. Just like you, I’ve had so many months as an entrepreneur when the numbers don’t add up. I’ve learned a few tricks along the way that I want to share with you in this very special reboot episode.

What You'll Learn

How I learned to budget when running a non-profit business in college
What steps you can take to set up your budget to plan for inconsistent income
What steps you can take when you're in the middle of a month or stretch of inconsistent income
The most valuable lesson I've learned as a lifelong entrepreneur to make my budget work
Why you can't get past knowing your numbers - and why they are the key to your success
How I got past the "I deserve it" syndrome to find balance every month

Links

You Need a Budget (budgeting app I use)
Marcus by Goldman Sachs (for ER fund savings)
Ally Bank (for ER fund savings)

Timestamps

[00:01:34] Empowering budgeting strategies.

[00:06:04] Managing expenses and being resourceful.

[00:08:31] Emergency savings importance.

[00:12:39] The power of manifesting.

[00:18:01] Knowing Your Numbers.

[00:20:30] Tracking your expenses is key.

[00:24:10] Getting past the "I deserve it" syndrome.

[00:28:41] Consistency in managing money.