re: Setting up budget with fluctuating income

quote:

---

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?

---

I don't know of any other way to do it - I would take her "extra" and use it to fund your emergency fund ($1000), pay extra principal on your consumer/revolving debts until retired and then your fund for 3 to 6 months of expenses.

After that, use that to invest to increase your baseline minimum income. It's not a bad thing that it fluctuates, but you cannot budget for uncertain income.