Expected vs. Unexpected Income

[minimumwager]

In the book, we divide income into two categories Expected (or Predictable) Income is the money you can regularly expect every month.  Unexpected Income is the money that comes in less frequently.

For our monthly budget we use our Expected Monthly Income (rounded down) and use that to cover our monthly bills (which we round up).

As someone recently

Comments

[minimumwager]

Thanks :)

We have a book out that elaborates on this. Feel free to check it out.