- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Setting up budget with fluctuating income
Posted on 7/8/14 at 12:36 pm to CHiPs25
Posted on 7/8/14 at 12:36 pm to CHiPs25
quote:
How do the pro's of this board budget with a fluctuating income? My wife get's paid 2x per month and one of the paychecks is always fluctuating so it's hard to set a solid budget not knowing what the second paycheck is going to be. Do I take an average of them or just factor in the guaranteed part of the paycheck (which matches the first paycheck of the month) and then anything above the guaranteed is gravy?
My second paycheck of the month fluctuates as well. I know I'm going to get more than "base" but don't know what it will be, so I make a safe estimation and then treat the rest as "gravy" if you will.
The real key is that hopefully you make enough money that all your savings goals and expenses are met before that money is calculated, and therefore you aren't relying on it month to month.
This post was edited on 7/8/14 at 12:40 pm
1
Posted on 7/8/14 at 12:43 pm to Teddy Ruxpin
quote:
The real key is that hopefully you make enough money that all your savings goals and expenses are met before that money is calculated, and therefore you aren't relying on it month to month.
We try our best. We live in Chicago so rent is crazy expensive as is cost of living and wife doesn't make all that much. And we have a baby on the way so saving is even more important now.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News