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Podcast: Meaning Over Money
Episode: 408 - Income Fund 101: Do You Have an Inconsistent Monthly Income? We Got You!
Description: One of the hardest nuances to manage in our finances is dealing with an inconsistent income. While some people might get a salary or work a consistent set of hours, many rely on commissions, royalties, bonuses, and varying hours to feed their family. One month might pay $15,000, and the next $2,000. It can be a whipsaw of emotion, ranging from euphoria to panic. In today’s episode, host Travis Shelton explains how he coaches families through this dynamic. If done well, we can take the most volatile income on earth and make it more stable than even salaried positions. If yo...