Part of survivalist strategy is being as rich as possible before any kind of disaster cn strike. To do this you have to have a budget that allows you to save money.
It’s not as complex as it sounds. It’s actually quite simple. First off, ask yourself how much do I make?
Even if your income is lower than you’d like, you can still budget success-fully, but it’s important to know what you have to work with in order to create a balanced budget.
When budgeting, it’s critical that you use your net income as opposed to the gross, that is, the amount after all deductions and taxes. That is also where budget planning software or a money management program of some kind can come in handy.
Doing so will give you a more accurate representation about what you have today, factoring in what the government takes as deductions.
For all practical purposes, what is being deducted from your paycheck is money that isn’t yet available to spend. then when you file your tax return, treat the refund like a bonus.
if you have a variable paycheck, using a close estimate should suffice in most situations. a realistic estimate can be gathered by totaling your income from the past 3-6 months, and then divide by the income you received in that time.
You should then configure your fixed expenses. Some bills vary from month to month, but there are others that are constant. Many loans are structured so you pay the same amount every month.
For example, your car or home payments are fixed expenses. Rent and ca-ble bills are also usually the same amount every month.
Some examples of common fixed expenses are mortgage or rent, car payments, car insurance, property taxes, home insurance, loans and lines of credit.
Total these expenses and then take a look at your variable expenses. The good thing about these expenses is that you can change them. It includes expenses likegas, food, electricity and heating
It is in this last category that you can make signfigicant cuts that can make a big difference in how much money you can save a week. You can then put this money towards your survivalist budget. It’s all very simple. All you really need to do is save more than you spend and make sure that the gap between what you earn and what you spend is as wide as possible in favour of garnering money and not losing it.