Planning a survival budget
By Joseph Parish
One of the most frequent complaints that I hear from survivalists and preppers is that they simply do not have the extra cash to properly purchase needed emergency supplies. This is simply an excuse as far as I am concerned. Every one of us can establish a sufficient supply of food and necessities over a period of time if we only plan our budgets accordingly.
Granted creating a monthly budget may not appeal to everyone, but thousands of people do just that each and every month. Keeping proper records is not only essential to your financial well being, but in certain cases may be required by the various levels of government to prove your financial position.
Prior to starting any sort of budget you will need to find out exactly where you stand in regards to your monthly income and expenses. At this point in time detailed analysis is critical and you will need to provide yourself with as much detailed information as you possible can. Your ultimate goal here is to see what money is actually available and where it is going.
When I say you will need to gather all your financial data, I include such items as your monthly bank statements, any investment reports that you get on a monthly basis, your recent utility bills, and any additional information of a financial nature. Next, you will want to review these records to see what you are spending your dollars on needlessly. Keep in mind that lost dollars such as these can be better used in purchasing survival equipment and supplies.
Make a note of all your income. If the wife is also employed use that as well. If you have outside income other then your wages make a note of these amounts also. Add up all your sources of income and record this total as one monthly amount.
You now will have to make a list of all your normal monthly expenses. Be very specific if you can in these amounts. Include such items as your mortgage payment, auto payment and insurance, groceries, entertainment, utilities, and other essentially expenses that you may have. Now the fun part begins. Break all these expenses down into fixed and variable categories. The fixed expenses are naturally those which remain the same month after month while the variables may change monthly. Examples of your fixed expenses include rent, auto payments or cable bill while the variable expenses would encompass groceries, entertainment and related types of variable expenses. This is the category we will be examining carefully in order to compensate for obtaining our emergency supplies. Variable expenses are a rich source of funds when money is in short demand.
Now total both the income and subtract the expenses and this is your useable money each month. If itís to the plus you are already doing well however, if it is negative major changes may be necessary to your lifestyle.
We can now make what ever adjustments are needed to the variable expenses. Perhaps an extra meal of beans and rice several times per week may help or possibly you could cut out the morning coffee stop on the way to work. In either case you will have to trim expenses somewhere.
Determine how much you would like to spend on your survival plans each month. Make this figure as part of your fixed expenses. Then merely modify the variables to accommodate the fixed. You should review your budget on a monthly basis. Changes are inevitable and will need to be reviewed regularly. After your first month you will have a much better idea of where you are sitting financially. As you can see there are ways to get the funds for your emergency supplies and equipment.
I have included several sample budget forms below or if you so desire you could create your own from scratch.
Copyright @2009 Joseph Parish
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