If you have irregular income and/or you are self-employed, you may think that creating a budget is difficult. The reality is, creating a budget based on irregular income can be relatively simple. 1. Due to the irregular nature of your income, you need a relatively substantial “emergency fund”. As the amount of income you receive each month fluctuates, you will…
Author: NCN
Make Multiple Debt Payments Every Month
Here’s a quick tip that will help you get out of debt or increase your savings without worrying if you will have enough money to last until your next paycheck. Instead of sending ALL of your extra debt payment at one time, send multiple debt payments throughout the month. I used this technique when I was getting out of debt,…
Stop Feeling Guilty About Not Using Credit Cards
I talked to my Dad on the phone last night, and when I told him about my savings goals for 2007, he was dead silent for about 30 seconds and then he said, “Wow…” He was stunned. It was one of the coolest moments in my adult life. My dad, whom I love dearly, then said, “Son, what you’ve been…