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How to Budget for an Irregular Income

28th June 2024

Budgeting is challenging at the best times, but when your income is unpredictable, it can feel like balancing on a financial tightrope. For those with fluctuating incomes, managing your finances requires a different approach to ensure you cover your monthly expenses and still manage to save. Here is a comprehensive guide to help you budget effectively, even when your income varies.

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WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

How much would you like to borrow:

£200
£750
How long would you like it for?
3 months
6 months

Your monthly repayments are:

1
£
2
£
3
£
4
£
5
£
6
£
Total amount to be repaid:
£  
Annual percentage rate:
  % APR

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR


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