Mastering Budgeting with Inconsistent Income

It can feel hard to master your budget with inconsistent income, especially if you're an entrepreneur. Budgeting and managing your money is hard enough when you have a steady paycheck each month and a laundry list of goals you want to achieve. When you throw in inconsistent income, budgeting becomes even harder. Just like you, I’ve had so many months as an entrepreneur when the numbers don’t add up. I’ve learned a few tricks along the way that I want to share with you in this very special reboot episode. What You'll Learn How I learned to budget when running a non-profit business in college What steps you can take to set up your budget to plan for inconsistent income What steps you can take when you're in the middle of a month or stretch of inconsistent income The most valuable lesson I've learned as a lifelong entrepreneur to make my budget work Why you can't get past knowing your numbers - and why they are the key to your success How I got past the "I deserve it" syndrome to find balance every month Links You Need a Budget (budgeting app I use) Marcus by Goldman Sachs (for ER fund savings) Ally Bank (for ER fund savings) Timestamps [00:01:34] Empowering budgeting strategies. [00:06:04] Managing expenses and being resourceful. [00:08:31] Emergency savings importance. [00:12:39] The power of manifesting. [00:18:01] Knowing Your Numbers. [00:20:30] Tracking your expenses is key. [00:24:10] Getting past the "I deserve it" syndrome. [00:28:41] Consistency in managing money. SPONSORS Thanks to Factor for sponsoring the show. Head to www.factormeals.com/etm50 and use code ETM50 to get 50% off. Thanks to NetSuite for sponsoring the show. Download NetSuite’s popular KPI Checklist for free at www.netsuite.com/etm.  Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order. Thanks to AirDoctor for sponsoring the show. Head to www.airdoctorpro.com and use promo code ETM, and depending on the model, you’ll receive UP TO 39% off or UP TO $300 off. How To Connect with Shannah: Join the Everyone’s Talkin’ Money Newsletter, where you get insider tips, exclusive content, and takeaways from each episode https://tinyurl.com/etmnewsletter  Ask Shannah a question on Instagram https://www.instagram.com/shannahgame/ or TikTok https://www.tiktok.com/@shannahgame  Submit a money question for Shannah to answer in an upcoming episode https://tinyurl.com/askshannahq  Leave a 5-star Review here https://ratethispodcast.com/etm  Be a Featured Guest on an episode https://everyonestalkinmoney.com/contact/ Learn more about your ad choices. Visit megaphone.fm/adchoices