
THE FOUNDATION #4 - How to Build a Budget Without Hating Your Life
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Let’s Be Honest: Budgeting Sounds Like a Drag.
No one signs up for the fire service because they love spreadsheets.
And for most of us, the word “budget” feels like:
- No fun
- No freedom
- No point
But here’s the truth:
A budget isn’t a punishment. It’s a permission slip.
Permission to spend on what matters, save for what’s next, and stop stressing about the unknown.
Especially with a 24-hour schedule, OT shifts, and side gigs - you need a flexible system that works with your life, not against it.
Let’s break down exactly how to build a realistic firefighter-friendly budget that doesn’t suck the joy out of your paycheque.
Step 1: Know Your Real Income
Budget off what you actually take home, not what HR says you make.
Your gross income might be $85K… but once taxes, pension, union dues, and benefits are deducted? You’re probably seeing closer to $60K hit your bank account.
Here's how to get started:
- Look at your last 3 paycheques
- Add up the net pay (what hits your bank)
- Divide by how often you're paid (biweekly, monthly, etc.)
- Factor in any consistent side income (side gigs, overtime if predictable, coaching, trades, etc.)
Pro tip: Don’t count OT as guaranteed income unless you consistently get it.
Step 2: Build a Budget that Matches a Shift Worker’s Life
Traditional 9-to-5 budgets don’t cut it. Firefighters have:
- 24-hour shifts or variable shifts
- Variable OT
- Extra downtime (which can turn into extra spending)
- Some months with more paydays (if biweekly)
Solution: Use a Paycheque-Based Budget
Instead of budgeting monthly, break your budget into biweekly pay periods. For each pay:
- Cover fixed expenses (mortgage, insurance, loan payments)
- Allocate spending money (groceries, gas, coffee, lifestyle)
- Put something toward savings/investing (even if small)
- Prep for upcoming irregular bills (car reg, travel, gear)
It’s like doing a pre-shift check for your finances.
Step 3: Handle Side Hustles the Right Way
Firefighters often have side gigs:
- Carpentry
- Landscaping
- Coaching
- Apparel brands
- Training programs
But here’s where people mess up:
They spend the side cash like bonus money, not part of a plan.
Fix it like this:
- Track average monthly side income over the last 3–6 months
Use a percentage rule:
- 50% → Reinvest in business or tools
- 30% → Boost savings/investing
- 20% → Lifestyle/fun (yes, you’re allowed)
That way, side cash accelerates your goals, not just your Amazon cart.
Step 4: Use the “3-Category Budget” to Keep It Simple
Forget complex categories with 30 expense lines. You only need 3 main buckets:
1. Fixed Costs (60–70%)
- Mortgage/rent
- Utilities
- Insurance
- Loan payments
- Childcare
- Subscriptions
These don’t change much.
2. Spending Money (20–30%)
- Groceries
- Gas
- Coffee/lunches
- Eating out
- Gym, hobbies
Set a limit. Use cash or a debit card if you need boundaries.
3. Financial Growth (10–20%)
- Emergency fund
- Investments
- Debt payoff
- Retirement contributions
This is where your future is built.
If you’re starting from scratch, even 5% toward savings is a win. It’s the habit, not the amount, that matters first.
Step 5: Automate, Then Forget About It
The fewer decisions you need to make, the better.
Automate:
- Bills (on your payday)
- Investments (RRSP/401(k)/TFSA/robo-advisor)
- Debt payments (extra principal if you can)
What’s left is guilt-free spending. That’s how you enjoy life without feeling broke later.
The Real Win? Control.
Budgeting isn’t about being cheap.
It’s about being in control.
- You can still grab that steak dinner - (you just won’t be mad when the credit card bill hits.)
- You can still upgrade your truck - (you just won’t be financing it at 9% with zero plan.)
- You can still enjoy your time off - (but you’ll do it without financial stress eating at the back of your mind.)
Recap: How to Budget Without Hating It
- Use your net pay, not gross
- Budget by paycheque, not monthly
- Handle side income with a purpose
- Stick to 3 budget buckets
- Automate where possible
- Give yourself room to live
Want the Tools?
Check Out Our Books & Tools
- built for firefighters, paramedics, and shift workers.