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Question
what can you do to ensure that you live within your means if you have irregular income?
multiply your highest months earnings by 12 to get your annual income.
live within the average monthly income for the year.
assume youll earn more income.
spend as much as you earn each month.
Living within the average monthly income for the year helps manage finances when income is irregular. Multiplying the highest - month's earnings by 12 overestimates income. Assuming more income is risky. Spending as much as earned each month doesn't account for low - income months.
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Live within the average monthly income for the year.