Finimpact

Frequently Asked Questions(FAQ)

Can you create a budget if you have a variable income?

Budgeting with a variable income is like solving a puzzle with ever-changing pieces. Instead of predictable, identical pieces every month, yours might differ. But with smart planning and a cushion for those lean months, you can definitely piece together a perfect financial picture.

What would be an example of irregular income?

Imagine you're a musician playing gigs. Some months, you have back-to-back concerts, making you feel like the star of the show. In other months, maybe just one performance or even none. That fluctuating pay, not having the same set amount each month, is irregular income.

About the Authors

Catherine Schwartz

Written by: Catherine Schwartz

Finance Editor at Crediful

Catherine is a personal finance writer covering a wide range of investment topics with the aim to help people achieve financial freedom. Passionate about financial literacy and considers it one of the most important life skills.

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