2968: How to Budget on a Variable Income by Jen Hayes on Reducing and Managing Financial Stress

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2968: Budgeting on a variable income can be challenging, but Jen Hayes outlines three actionable strategies to make it manageable: living on last month’s income, budgeting paycheck to paycheck, and creating a bare-bones budget based on your worst month. Each approach is tailored to different financial situations, helping you stay in control and reduce stress even when your income fluctuates. Read along with the original article(s) here: https://www.jenhayes.me/how-to-budget-on-a-variable-income/ Quotes to ponder: "Budgeting using last month’s income simplifies the process and reduces financial stress." "If your income varies drastically, use your worst month’s income to create a realistic budget." "Decide what extra income will go toward ahead of time so you aren’t tempted to blow it." Learn more about your ad choices. Visit megaphone.fm/adchoices

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Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone. Gain not just knowledge, but also the motivation to apply it in your daily life. It's not just a source of personal finance tips; it’s a daily companion that guides you towards financial independence and savvy money management, all delivered with Diania's trademark enthusiasm and expertise. By focusing on early retirement, financial independence, and saving money, each episode provides you with the tools needed to achieve your financial goals. This podcast is designed for those passionate about personal finance, early retirement, financial independence, and saving money. It’s your go-to source for practical advice on managing your finances, saving money, and working towards early retirement. Each episode offers actionable steps to foster financial independence and secure your financial future. Listen now, and become an OLD friend--your optimal life awaits...