Apologies for not posting yesterday. There was a power outage and I was not able to post. I decided to do the one for last night now.
It can be very discouraging when you have a big job to do and you don't have enough money to do it all. This applies to preparedness.
When you first realize that you want to be prepared for emergencies, the size of your task can overwhelm you. The beginning stage of preparedness usually means you find out about the expensive way to prepare for emergencies. There are usually cheaper ways to do just about anything. That is also true for preparedness. Finding ways to save money on preparedness does not mean inferior quality.
You can save a lot of money on preparedness by investing a little bit of your time. Your time investment can mean you will have a better quality item than is available at any price. This is not always true, but it often is.
It is possible to build up money for the purchase of more expensive preparedness items. An example of how I did this was with savings on my power bill. I bought compact fluorescent light bulbs to replace regular light bulbs as I could afford them. This lowered my power bill every month.
The money saved from lower power bills went to equipment to do laundry by hand. Doing my laundry by hand saved me more money which went to items to save even more money and so on.
You living costs will probably be different from what mine were back then. You will have to take a look at your living costs and find where you can pry some savings out of them to get started. You will also need to plan the best place to invest those savings for the next tier of money saving and the ones after those.
Food costs are a common expense that modern people often spend too much on. Many of the most costly items in a food budget are the least healthy or nutritious. Examples of this are soda pop, junk food, and take out foods. You will probably be shocked at how much healthy food you can buy for what you spend on the examples I just mentioned.
Other bad habits besides food cost many people a lot of money they could use in better ways. Cigarettes or other forms of tobacco, or other kinds of recreational drugs are a real drain on a budget.
Candy and other sweets are usually very expensive on a pound for pound comparison to regular, healthy food.
Entertainment can be a huge drain on many budgets. Chances are very low that you will actually die if you do not immediately buy the latest music of your favorite singer. This is also true for seeing the latest movie by your favorite movie star or director.
Some of the vices that might have to be reined in can be things that seem innocent, unless taken to extremes. Expensive shoes or clothes, tools, jewelry, books, collections or redecorating often, can all sink a budget and make emergency preparedness impossible.
Sometimes you have to hold off on getting what you want right now to have something better or more important. Preparedness for emergencies is something better and more important to do right now. It is possible that waiting for what you want will save your life during the next emergency.
I totally agree that preparedness for emergency should be done today. In fact, frugal persons usually keep at least 25% of their monthly salary to the bank for future use. You can just imagine how much you will have placed in your bank account after five or 10 years from now.
ReplyDeleteThank you for your comment Regina.
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