Anyone got a good system for budgeting when you're sef employed? DH and I own our own business and income varies week to week and year to year. Business outgoings also vary. We could probably base income on last years takings but business costs would be more difficult. For example at the moment we are trying to get caught up with paying a couple of our suppliers so paying more than we would have been paying last year. Whenever i try and pull together a personal budget i come unstuck trying to decide how to approach it.
My dad does our business accounts at the minute so they are taken care of but that gives us figures retrospectively so doesn't help me work out how much money we've got for personal drawings. We have some (personal debt) which are want to pay off as a priority but its difficult to workout anykind of meaningful budget.
Please or to access all these features
Please
or
to access all these features
Use our Cost of Living forum to discuss budgeting and energy saving with other users.
Cost of living
budgeting when incomings/outgoings vary alot
4 replies
RichInBunlyGoodness · 13/06/2013 11:19
OP posts:
Please create an account
To comment on this thread you need to create a Mumsnet account.