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Episode 2616:
Marc of MadMoneyMonster.com shares tips for managing finances with an inconsistent income, including calculating average monthly income, basing budget on below-average months, establishing a normal living standard, saving during good times, keeping liquid savings, having a fallback plan, and embracing the positives of fluctuating income.
Read along with the original article(s) here: https://madmoneymonster.com/2018/11/26/7-tips-for-living-on-an-inconsistent-income/
Quotes to ponder:
"An inconsistent income usually means that you have the opportunity to make a good income in a short period of time."
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Optimal Finance Daily - Financial Independence and Money Advice