Kelley Olinger is a freelance writer, blogger, and Realtor. Having paid off $77,000 of debt in one year and ten months, Kelley is passionate about helping others craft prosperous lives while mastering their finances.
How to budget for irregular income: Big lump sum income, followed by zero income, is familiar to contractors, freelancers and commissioned salespeople. But even those willing to adhere to a budget struggle with managing their irregular income.
My consumer debt totaled $77,000. Interest alone cost $660 per month. I felt fear, shame, frustration, and exhaustion. But in less than two years, with razor focus (and a budget and second job) I paid my debt in full. My goal wasn’t just debt freedom: it was the vision of an incredible life.