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Saving 💰💰💰 on an Irregular Paycheck with The Best Apps for Budgeting

It hurts not having extra cash in your pocket but pulling yourself out of the financial mud can’t be done in a single day. Instead, it’s a slow process where consistency is the key and “baby steps” are the walk.

We bring you 5 basic tips to slowly start saving money when living on an irregular income.

1. Start With a Minimum Income

You need to create a monthly budget with the money you have, not the money you expect to have. The Minimum Income is your lowest income per month and the starting point for other 4 tips. Go through the last 12 months, check what was your lowest income and use that one.

It’s always better to start from the lowest number possible as you can always move forward, but not backward. 


2. Keep Necessary Expenses Low

F.A.C.T. are expenses you likely can’t bring to $0: Food, Accommodation, Clothing, Transport. Estimate and categorize the minimum expense for each one and stick to it. This way, when an irregular expense hits, it will hurt less or not at all.

You should always categorize to have a super clear overview. With tools like Mint you can categorize expense quite easy.

Oh No!

This app was removed from the app store by the developer. We suggest other top Loan Calculator apps here:

Best 10 Apps for Budgeting

3. Get Precise Expense Numbers

Pulling daily expenses from our head is a bad habit we have. The numbers aren’t precise and rarely useful. Instead, take two weeks and track expenses every time you spend on food, clothes or transport for example.

By using a 2-Week Plan you have super accurate numbers that aren’t subjective and unstable, but objectively useful.


4. Use Percentage To Track Budget

It’s unwise to set a $500 food budget for example when your monthly income can be anything from $0 to $5000. Instead, use percentages. This way, you can be flexible with how much you can spend on necessary expenses and ensure you’re never short on money.

If math isn’t your strong point, apps like Wallet come with a budget calculator and budget planner for a quick number crunching.

5. Have Two Bank Accounts

Finally, use two bank accounts: Business and Private. The Business Account is where you receive monthly income and your secret piggy bank. Every month, transfer the Minimum Income to the Private Account you’ll use through the month.

This way, you behave as if having a stable, regular income. Apps like Spendee let you sync bank accounts with the budget worksheet for easier tracking.

By sticking to the 5 steps, you’ll soon witness the business bank account filling up with savings. The important thing is to be consistent and by using The Best 10 Apps for Budgeting you can start focusing on the income instead of expenses.

Image Credit: SeeYa

Check below:
  • 1 ranking-icon-1
    Plan daily & monthly budget for free—save money, track bills, finance & income
    4.6 Ratings 32K+ Reviews 1M+ Downloads
    Free Feature Rich Fresh In App Purchases Editor's Choice
    Free In-App Purchases

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  • 2 ranking-icon-2
    Money management made simple. Track spending, budget, manage bills & save money.
    4.5 Ratings 19K+ Reviews 5M+ Downloads
    Free Feature Rich Fresh In App Purchases Editor's Choice
    Free In-App Purchases
    Free In-App Purchases

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  • 4
    The #1 financial planning, expense tracking and personal finance management app!
    4.7 Ratings 292K+ Reviews 10M+ Downloads
    Free Feature Rich Fresh In App Purchases Editor's Choice
    Free In-App Purchases
    Free

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  • 5
    Manage your personal finances with this monthly budgeting app.
    4.7 Ratings 63K+ Reviews 1M+ Downloads
    Free Feature Rich In App Purchases Editor's Choice
    Free In-App Purchases
    Free In-App Purchases

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  • 6
    Free bill payment organizer, payment tracker with budgeting & bill reminders
    4.7 Ratings 26K+ Reviews 500K+ Downloads
    Free Feature Rich Fresh In App Purchases
    Free In-App Purchases
    Free In-App Purchases

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  • 7
    Create a budget, track your spending, and manage your money in one place.
    4.5 Ratings 7K+ Reviews 5M+ Downloads
    Free Feature Rich Fresh In App Purchases Editor's Choice
    Free In-App Purchases
    Free In-App Purchases

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  • 8
    An easy and efficient budget app and expense tracker for managing your money.
    4.6 Ratings 171K+ Reviews 5M+ Downloads
    Free Feature Rich Fresh In App Purchases Editor's Choice
    Free In-App Purchases
    Free In-App Purchases

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  • 9
    Track your expenses, stick to a budget, save money. It's that simple!
    4.6 Ratings 69K+ Reviews 1M+ Downloads
    Free Feature Rich In App Purchases Editor's Choice
    Free In-App Purchases
    Free In-App Purchases

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  • 10
    Money manager: easy and user-friendly app for tracking of your expenses
    4.9 Ratings 84K+ Reviews 1M+ Downloads
    Free Fresh In App Purchases
    Free In-App Purchases
    Free

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