8 Steps to Budget With Variable Income (And How to See if Your Raise Is A Pay Cut!)- Money Q&A
8 Steps to Budget With Variable Income (And How to See if Your Raise Is A Pay Cut!)- Money Q&A  
Podcast: The Personal Finance Podcast
Published On: Wed Dec 06 2023
Description: In this episode of the Personal Finance Podcast, we're going to be talking through the 8 steps to budget with a variable income and how you can see if your raise is actually a pay cut.  Today we are going to answer these questions!  Question 1:How Do You Budget on a Variable Income?  Question 2: Should I pay down Low Interest Debt or Invest more at Age 50?  Question 3: When Getting a Raise How Do I look up to see if it actually a pay cut due to inflation?  How Andrew Can Help You:  Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! Learn to invest by joining  Index Fund Pro! This is Andrew’s course teaching you how to invest!  Watch The Master Money Youtube Channel!  Ask Andrew a question on Instagram or TikTok.  Learn how to get out of Debt by joining our Free Course  Leave Feedback or Episode Requests here.  Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at  shopify.com/pfp Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/ Policygenius: This is where I got my term life insurance. Policygenius is made so easy. To get your term policy go to policygenius.com and make sure your loved ones are safe. Listen to Planet Money wherever you get your podcasts.  Relevant Episode:  How to Generate a Second Income Source with a Youtube Channel with Graham Cochrane How to Use Niche Sites to Build Multiple Streams of Income With Doug Cunnington How Much Income Do You Need to Be Considered Rich? (By Age!) Connect With Andrew on Social Media:  Instagram  TikTok Twitter  Master Money Website  Master Money Youtube Channel   Free Guides:   The Stairway to Wealth: The Order of Operations for your Money  How to Negotiate Your Salary  The 75 Day Money Challenge  Get out Of Debt Fast  Take the Money Personality Quiz Learn more about your ad choices. Visit megaphone.fm/adchoices