The new year has begun. We are sorting through our finances, getting ready for tax returns.  This is a great time of year to consider finding balance with our sewing income.

If you are like me, there is definitely a busy season ahead and then a slow season during November, December and the first part of January.  So my income fluctuates a lot.  This can make budgets frustrating. 

I am a simple minded person, I hate spreadsheets. My eyes struggle with the tiny print. My hubby loves them. He is an engineer and has a very complex brain. Not me. So here is my very simple way to balance my income….

I get my total income from the past year. For simplicity and privacy reasons only, let’s say my total income for 2022 was $24,000.  When I divide that by 12 (12 months in a year) that equals $2,000 per month.  Now here is the simple trick. I have a bank account set up for my “overflow” income. So basically, any $ that I make during the month that exceeds my $2,000, gets put into my overflow account. I love setting up different accounts, and the bank doesn’t seem to mind setting up these extra accounts.  After I put $6,000 into my overflow account, I earmark any extra$ for vacation, christmas, etc. This helps balance out your income, and really helps you keep a budget with a variable income. It’s not complicated, so it’s easy to keep it going.

I hope you found this helpful.


Dee Dee