Freelance

Self employed budget: planned around your income's shape

Self-employment breaks the monthly budget: income lands in lumps and droughts, tax is on you, and a bad month is always possible. A self employed budget plans around that shape — dated income, smoothed spending, automatic tax set-aside.

Build a self employed budget

  • Lumpy income, dated

    Every expected payment sits on its date — no fake monthly salary.

  • Tax set aside

    A percentage moves to the tax bucket with every payment.

  • Dry months flagged

    See the gaps months out and plan spending to match.

  • Bills keep repeating

    Fixed costs stay scheduled while income fluctuates around them.

The self employed budget structure

Fixed costs are the anchor: rent, insurance, software, minimums — scheduled on the calendar. Income is the variable: each payment dated as it is agreed, and a percentage routed to tax. The projection shows the account's real shape — and the buffer it needs.

The three buckets

BucketSharePurpose
Tax20–35%Quarterly obligations, set aside per payment
Fixed costsWhatever they areBills, insurance, software, minimums
Living + bufferThe restSpending money and the gap cushion

Frequently asked questions

How do I budget with variable income?

Plan by expected payment dates instead of a monthly salary, keep fixed costs scheduled, and set aside tax per payment.

How much should I set aside for tax?

Typically 20–35% of each payment, depending on your bracket — check with an accountant.

Is it free?

Yes — the calendar and recurring plans are free forever.

The budget that fits the lumps

Free core, one-time Pro, no bank linking.

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