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Reply to "Partner @ Law Firms - Unanticipated Expenses/Income or Disappointed with Starting Compensation"
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[quote=Anonymous]Sounds like your general question is about budgeting. I am in a similar situation, in that I get income from last year's profits, paid only twice a year (as dividends), from my company. We basically keep a really big cushion and ensure our expenses stay under that. For new projects, like re-doing a room in our house, we run cashflow numbers projected out for a year to make sure we can pull it off.[/quote]
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