Your world is going to come to a screeching halt tomorrow. Do you know how to adjust your budget? Most people don’t even have a regular budget. Why should they have an end of their world budget? Your world may not end tomorrow, but I guarantee your world will metaphorically end when you least expect it to.
You Never Know When Your World Will End
Can you time travel? Can you see the future? I can’t do either, otherwise I would have already won the lottery! Unfortunately, not everything in your future will go according to plan.
When things fall apart and your financial world comes to an end, the last thing you’re going to want to do is figure out how to make your money work and survive financially. That’s when you’ll be glad you have an end of the world budget. It will be your lifesaver.
End Of The World Budgets Will Save Your Life
Ok, it won’t literally save your life. What your end of the world budget will do is save you a massive amount of headache, worry and stress. Who needs those things when their world is crumbling in front of them? No one.
Since you were smart and came up with an end of your financial world budget, you’ll know what to do immediately to survive the coming months of tight finances. Whether you lost a job, your largest client, got hit with a huge unexpected medical bill or even worse, got hit by a car, you’ll know how to take action to keep your finances afloat.
How To Make Your End Of The World Budget
First, take out your normal budget. Next, take a hard look at your budget and pick the most important things you’d need to survive. These essentials include house payments, car payments, food, water, heating, other debt payments and whatever you have to have to keep income rolling in the door and your lenders off your back.
See everything else in your budget? Dining out, fancy meals at home, cable TV, cell phone data packages, your entertainment budget. Those things are now gone. They don’t exist. You can’t afford them. Your financial world just ended. You can’t be going to TGI Friday’s! The zombies would eat you alive before you finished your hamburger!
Add up all of the necessities and see how much you have to spend a month to survive the end of your financial world. If your world ended tomorrow, how long would you last? 2 days? 1 month? 6 months? A year?
You’ll need to survive long enough to save the world and get back to normal. If you aren’t confident you’d make it, start saving more money in your emergency fund or cut down your essentials even further.
If you could live for many times longer than it would take to turn your financial world around, you can add back some of the luxuries others would be able to afford if their world ended. Cable TV? Sure, if you have the means, you too could be watching I Am Legend on FX when your financial zombie apocalypse hits you in the face.
What If Your World Never Ends
That is an amazing problem to have. Hopefully you’ll never have a financial apocalypse and you’ll never need to use your end of the world budget. Unfortunately, life doesn’t normally work that way. Be prepared just in case and you’ll be happy should something ever happen. You won’t be nearly as stressed, freaked out or worried and you’ll know what to do.
Do you know someone who isn’t prepared for financial doomsday? Use one of the share buttons below to share this article with your friends and family. Send them an email, tweet or tag them on Facebook with this link in a post. They’ll be thanking you for doing so when their financial lives get turned upside down.
How long could you survive if your financial world ended tomorrow? Do you even have a zombie apocalypse budget?