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Part-time work. Coping with fluctuating hours and wages. Watch

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    I'm curious how you plan your finances and budget if your income changes each work due to being offered more or less hours.

    On weeks where you work less than you like, how'd you get by.

    How much of a problem is it for you?
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    (Original post by Zero Hours)
    I'm curious how you plan your finances and budget if your income changes each work due to being offered more or less hours.

    On weeks where you work less than you like, how'd you get by.

    How much of a problem is it for you?
    I m on a 16 hour contract which fortunately will just cover bills and a little left over but if you're in the situation where sometimes you're struggling to cover bills i would continually look at changing suppliers, swapping brands and other things like that.
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    (Original post by claireestelle)
    I m on a 16 hour contract which fortunately will just cover bills and a little left over but if you're in the situation where sometimes you're struggling to cover bills i would continually look at changing suppliers, swapping brands and other things like that.
    do your hours change from week to week? if they do, your wages varies.
    how do you cope with that? specifically not knowing how much you will be earning each week
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    (Original post by Zero Hours)
    do your hours change from week to week? if they do, your wages varies.
    how do you cope with that? specifically not knowing how much you will be earning each week
    Well i've only just started the job but it's guaranteed 16 hours a week, however i have overtime which puts it to nearer 30 hours on busy weeks. As the minimum hours I will work pays the bills, i plan on saving any extra so that i have an emergency fund. I've always spent barely anything on entertainment and have no travel costs so as long are bills are paid it doesnt matter too much to me that my hours vary.
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    (Original post by Zero Hours)
    I'm curious how you plan your finances and budget if your income changes each work due to being offered more or less hours.

    On weeks where you work less than you like, how'd you get by.

    How much of a problem is it for you?
    Are you in education- or is this your main job?
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    (Original post by Emma:-))
    Are you in education- or is this your main job?
    education. not knowing how many shifts will be getting is a killer. don't you think?
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    (Original post by Zero Hours)
    education. not knowing how many shifts will be getting is a killer. don't you think?
    As long as you live at home etc, you wont have that many bills to pay. I dont know where you work- but im assuming you will get your shifts at least 1/2/3 weeks in advance, so you should have some idea in advance of what you will be working. And you could always try to work extra hours in the holidays so that you have some money built up for as/when you dont get many hours.
    zero hours contracts and that sort of flexibility can actually be a blessing for students, what with exams, the holidays etc
 
 
 
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