Budgeting
Market basicsAllocating income to categories before it is spent.
In plain terms
Four buckets, not three: fixed, irregular-but-certain, saved first, and whatever is left.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Income smoothing
Market basicsConverting an irregular inflow into a steady outflow by paying yourself a fixed amount.
In plain terms
The whole discipline of self-employed finance. The household never experiences the variation, so ordinary budgeting works again.