25 - How to Budget on an Irregular Income

The Covid-19 pandemic has changed the way millions of Canadians work. Many people are finding that the money they could depend on coming in each month has now turned into irregular income. How can you make plans and live within a budget when the money that comes in varies from month to month? Licensed Insolvency Trustee, Leigh Taylor, tackles that question and shares his advice on handling finances with an irregular income. Other topics covered include:

• Tracking basic expenses
• Setting short and long term financial objectives
• Recognizing pitfalls
• Budgeting for annual expenditures  
• Building and emergency fund with automatic savings deposits

Licensed Insolvency Trustees are federally regulated and approved by the Canadian government. With their extensive financial knowledge they will give you honest advice. 

Leigh began his career as an Official Receiver with the Office of the Superintendent of Bankruptcy. He is a Certified Professional Accountant and attained his license as a  Licensed Insolvency Trustee in 1980. 

LCTaylor’s mission is to help people get out of debt through compassionate care and professional service. With over 40 years experience in the insolvency field, Leigh and his staff have helped over 50,000 Manitobans solve their debt problems. 

• LCTaylor Licensed Insolvency Trustee
• Personal Finance: Why Review Your Finances
• Budgeting Tips for Smart Saving and Spending