BS2 and self-employed budgeting question
Hi everyone,
My husband and I are in baby step 2, trying to pay off student loan debt as fast as possible. He works for a company and has a consistent paycheck; I am starting a new business and am looking for advice as to how best to budget our margin to chuck at debt.
The profit I make will be going toward our debt, including minimum payments ($1k/month), while my husband’s income covers all our other living expenses. I’ve heard the Ramsey people talk about peaks and valleys, but I’m wondering if anyone would be willing to share how they actually do this practically. For example, I don’t want to have a month where I have $2k extra margin to chuck at debt but then nothing comes in and I’m short the next month on making minimum payments. TIA!