Money & Life
Saving on an irregular income
A simple system for freelancers and gig workers.
Sam Okafor
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5 min read
When income changes every month, a fixed savings amount can feel impossible. A percentage works better.
Save a share, not a sum
Pick a percentage of every payment, such as 10 percent, and move it the day it arrives. Good months fill the fund faster and lean months still contribute something.
Pay yourself a salary
Collect income in one account and pay yourself a steady amount each month. The surplus from good months becomes your buffer for slow ones.
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