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Budgeting & Saving on a Variable Income Thumbnail

Budgeting & Saving on a Variable Income

Step 1:  Make a list of your monthly earning

Step 2:  Eliminate the top and the bottom monthly earning

Step 3:  Add the remaining 10 months up & divide by 10.   

Step 4:  Base Budget is equal to the result of Step 3

Step 5:  Build an emergency fund equal to 6 months of your budget

important disclosures

Information in this material is for general information only and not intended as investment, tax, or legal advice. Please consult the appropriate professionals for specific information regarding your individual situation prior to making any financial decision.

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