Guides / Plan around uneven pay
The two-account system
A holding account in, a spending account out.
Mixing uneven income and everyday spending in one account makes it hard to see what you can really spend. Separating them helps.
The setup
- Holding account: every payment lands here first
- Spending account: your regular "paycheck" moves here on a set day
- Tax account (if self-employed): a percentage of each payment goes here
- Savings: your buffer and goals
Keep it simple
These can be ordinary accounts at your bank or credit union. Check for monthly fees and minimums first.
General educational information, not financial or tax advice. Little by Little Cash isn't paid by any lender, app or gig platform.