How to Budget When Your Income Changes Every Month

Budgeting for Beginners with Fexingo: Cash Envelopes, Apps, and Simple Money Tracking · Jun 6, 2026 · 9m · transcript

Episode 34 of Budgeting for Beginners tackles the challenge of fluctuating income — whether you're a freelancer, gig worker, or commission-based employee. Lucas shares the 'base-line method' used by many financial planners: calculate your lowest-earning month from the past year, build your fixed expenses around that floor, and treat everything above it as variable. He walks through a real example: a graphic designer earning between $3,200 and $5,800 per month. Luna adds a practical tip about creating a 'buffer envelope' that smooths out income dips. They also discuss…