Todd’s Note: Some preppers believe that we will get to a point where we won’t be using paper money. Those that believe that foresee a time when we will barter or use precious metals. But until that happens, we need to remember that our current financial system works off of paper money. As a result, we can prepare for a time when we will barter and use gold and silver, but we should also monitor our current financial resources too. This article talks about 3 important areas that you should consider in your current financial preps.
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Do you have cash on hand for emergencies? What if, with all the craziness that we are experiencing, there really is a bank holiday and you can’t get to your money in the bank for a few days or a few weeks? What would you do?
I had a conversation with a friend recently, who is not into preparedness, about how having food at home and cash on hand is a good idea and just makes sense. I made a mention that most people don’t have enough food for three days much less for a [...]
Here is a VERY interesting infographic posted over at FrugalDad. It something that I’ve been saying and many others are saying it too. It really hits home with me considering I have a student in high school. Make sure you checkout the whole article – College Isn’t Cheap.
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A few years back, I chaperoned some of my at-risk students to a 1 day Quantum Learning session. The presenters shared some valuable insights with all the students that attended. One such insight went something like this…
“Imagine that you received $86,400 a day for the rest of the life. The only condition to having the money is that you had to use it all that day. If you didn’t use all the money, it would just disappear. What would you buy with that money?” Of course the students raised their hands and offered suggestions of cars, houses, clothes, electronics, [...]