Lumpy income, smooth life
Lesson 5 of 6 in our free Budgeting guide: a 5-minute money game with the key points below.
This lesson is in the full version.
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Questions you'll answer
Mo's last 4 months of shift pay: £600, £150, £420, £300. What should the monthly budget be based on?
Quick facts
- Base £150 from shifts → Spend this month. Your reliable amount.
- Extra £450 from a busy month → Buffer pot. Surplus goes in the buffer.
- Christmas temp work bonus → Buffer pot. One-off income → buffer or a goal.
- Monthly bursary payment → Spend this month. Regular and reliable — budget with it.