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  #1  
Old 02-28-2009, 12:20 AM
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Default What about those of us with a (highly) variable income?

Like many folks who make their living on the internets, my income is highly variable from month to month. This makes implementing Action Cashmap 1.8 - Conduct Cash Flow Planning a little difficult because it assumes my income will be the same every month.

Anyone have any ideas how to modify or approach this cashmap for those of us with a variable income?
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Old 03-04-2009, 07:31 AM
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Hi Julian,

I have no particular answer to your question. But maybe in the whole process you should look for a more stable income
thought about a membership site ?

Have a nice day
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Old 03-06-2009, 11:30 PM
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Hi Julian,

For those with variable income, an average income should be able to be reliably predicted.

Then, reduce that figure by a safety margin of 10-20% (or whatever you feel comfortable with) for a buffer zone.

This average (minus 10-20%) should be what you are planning with.

There is really no other way of working with variable income than determining some form of realistic and objective average.

David
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Old 03-12-2009, 08:52 AM
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I wonder if this link could help you:

http://www.gettingfinancesdone.com/b...egular-income/

Om Shanti
~Pat Ann~
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