How to Budget for Seasonal Income

If your income changes with the season, monthly budgeting can feel impossible. Instead, try creating an annual budget that matches your actual earning pattern.

Start With What You Know

Use last year’s income as a guide. Identify your high-earning months and your slower periods. Then estimate total yearly income and divide it into monthly “spending limits.”

Build a Buffer

When you’re earning more, don’t just spend more. Use that extra income to cover expenses during leaner months. A separate savings account—or even better, a Savings Builder Certificate—can help you set funds aside while earning more.

Want more structure? Consider certificate laddering. By opening multiple certificates with staggered maturity dates, you can create a steady stream of savings access all year long. Learn more about certificate laddering.

Plan Ahead

With an annual view of your income and spending, you’ll have more control—and fewer surprises.