72. Managing Your Money When Your Income Is Unpredictable As A Business Owner

How can you feel financially secure when your income fluctuates? In this episode of the Plenty podcast, I’m diving into some of my top strategies for managing money with an unpredictable income.Managing finances with irregular income can be a real challenge for entrepreneurs, and I’ve personally navigated it. I share practical tips on understanding your business cycles, building a cushion fund, and working with your nervous system to cultivate a sense of safety even when cash flow varies. I’ll also discuss the benefits of creating monthly recurring revenue and how tools like YNAB can support cash flow management.This episode is filled with insights to help you feel more secure and empowered on your financial journey, no matter how unpredictable it may be!“When you train your nervous system, your sense of safety and security is actually sourced from within.” -Kate Northrup🎤 Let’s Dive into the Good Stuff on Plenty 🎤(00:00) Introduction to the episode and topic(01:20) The nature of entrepreneurship and income fluctuations(03:05) Importance of knowing your business cycles(05:15) Working with your nervous system for financial security(07:00) Building a cushion fund for stability(09:25) Saving for taxes methodically(11:10) Creating monthly recurring revenue(13:00) Using YNAB and Profit First for cash flow management(14:45) Summary of key tips for managing inconsistent revenue(16:10) Final thoughts and encouragement for entrepreneursLinks and Resources:Relaxed MoneyYNAB 🌿 Ready to create more by doing less? In my book, Do Less: A Revolutionary Approach to Time and Energy Management for Ambitious Women, I guide you through the art of aligning your energy with what truly matters so you can reach your goals without burning out. This book isn’t just about time management—it’s about redefining success in a way that supports you and brings ease into your life.Do Less is packed with practical tools and insights to help you focus on what matters most, harness your natural cycles, and truly thrive. Grab your copy here and start creating an abundant, spacious, and deeply aligned life. 🌸✨Related Episode:How to Turn the Dial Up on Your Income at Anytime with Ajit Nawalkha (069)

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What if you could get more of what you want in life? But not through pushing, forcing, or pressure. You can. When it comes to money, time, and energy, no one’s gonna turn away more. And Kate Northrup, Bestselling Author of Money: A Love Story and Do Less and host of Plenty, is here to help you expand your capacity to receive all of the best. As a Money Empowerment OG who’s been at it for nearly 2 decades, Kate’s the abundance-oriented best friend you may not even know you’ve always needed. Pull up a chair every week with top thought leaders, luminaries, and adventurers to learn how to have more abundance with ease.