Irregular income and saving

Irregular income and saving


Regular saving allows you to collect money for retirement or for learning for children. The longer the regular saving time, the much larger sums of money can be saved even with the small sums of money deposited on a monthly basis.

It is much more difficult to save regularly when irregular incomes are obtained.

An increasing number of people receive irregular income. This applies, among other things, to the different size of income generated on a monthly basis or income earned not on a monthly basis. In such a situation there are, among others, many entrepreneurs who run sole proprietorships or perform long-term contracts.

People who work as freelancers also very often receive irregular income. With the income obtained in such a way, it is necessary with regular savings to look for flexible financial products that allow you to save in the long run.

Financial products that do not require fixed monthly payments

Nieregularne dochody a oszczędzanie


One of the financial products that allow the use of high flexibility while saving is an individual retirement account. Pension accounts under the third pillar do not allow you to pay a larger annual amount than the set limit.

At the same time, such amount may be paid both as part of a one-off payment and in the form of installments. There is also no need to pay the entire amount, which is equal to the maximum limit in the IRA.

Types of IKE

When deciding to save within the IKE, it has to be taken into account that individual retirement accounts are based on various financial instruments. Individual instruments involve different types of investment risk. It is important that such a risk is properly assessed in relation to profitable profits.

IRAs may be based on investment funds, investment insurance, brokerage accounts. One of IKE’s strengths is that it does not include capital gains tax when funds are paid in accordance with the agreed conditions, i.e. after reaching the age of sixty or after exceeding the age of 50 and obtaining pension rights.

Systematic savings programs

Another solution is to focus on systematic savings programs. Many such programs do not require fixed monthly payments. You can opt for programs where you can pay premiums once a quarter or once a year. This solution will be beneficial for people who do not get regular because it allows you to make payments in an irregular way.

In many systematic saving programs, you can also regularly deposit amounts of different amounts to be equal to the set annual limit. Systematic savings programs are also based on very different types of investments.

This requires selecting those that are appropriately adjusted in terms of risk and the time saved for saving money. The longer the saving time, the much better solution is to decide in the initial period on more aggressive forms of investment.

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