Earn Regular Income - concept #7
Get yourself some regular income. Occasional income isn't bad, as long as you can survive the drought in between "paydays," and your irregular pay requires a great big bag to carry it.
For most people, a large but infrequent payday isn't the norm, so money is best obtained on some regular basis. I say regular, because that matches best with the bills you need to pay.
I think most folks have regular bills to pay. Mine come regularly.
If what's regular for you is bi-weekly, monthly or quarterly, then I'd say you probably have income that will also be longer term in nature. If you're counting on daily or annual payments, it doesn't sound like something I'd consider regular nor long lived.
Most definitely, "at opportunity" wouldn't be considered income of a regular nature unless that's also how your bills arrive and are expected to be paid.
Regardless of the frequency, regular income means your personal finances will be easier to plan and you can manage your money better than if your income was irregular.
In addition to planning, one of the best reasons to have income that is regular is that you'll have some comfort that will allow you to save some of your money for emergencies, special occasions, and other things in your life that are important to you.
The whole idea of regular means different things to different people. Every week or two weeks is regular for most employees. Every month is regular for many businesses.
You'll have to plan your financial life around whatever you have established as your income regularity. If your financial life is difficult to plan because of your income, you'll need to boost the income level or change the frequency of earnings.
Done with Regular Income, back to The Money Game