A friend of mine emailed me this question concerning her budget that I wanted to share with you today: OK, if you feel like you have just read a math question on the SAT’s, so did I. However, there is always a way through. So let’s just take it slow and I know this is going to help many of you who have a more complex pay scale. Basically my friend’s income is set up in two ways. Most of it is a fixed salary income, just paid weekly, and even the “fixed bonus” should just be considered to be …
Life on Commission: Finally Breathing
Some of my dearest friends in the world are realtors. And although they are wonderful at what they do, the realty business is a %100 commission business and is consequently very competitive and difficult to make a living in. However, it has very flexible hours, and can be extremely rewarding business. So how do you budget when you might have a $7,000.00 month one month and an $1200.00 month the next? I am going to lay out a plan for you today and I hope is going to help some of you finally come to a place of balance in …
Life on Commission: Feast or Famine
My husband Matt, is gifted at so many things, but sales is not one of them (he will tell you that himself :)). When we first started dating he was working at a Christian telemarketing company in which his paycheck was based largely on commission. He had to sell a certain number of commercials in order to even receive a commission and in the five months that he worked there he hit that commission exactly –once. It was a very difficult five months, but he learned a lot during that time. One of those things being, that he will never …