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How Preppers Can Obtain Monetary Freedom

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It’s no secret that preppers are making ready for some type of exhausting instances. Whether or not it’s a pure catastrophe, financial collapse, or one thing else, they know that issues may go south rapidly. Some of the essential points of prepping is monetary readiness.

Many preppers are ready for bodily risks however neglect to organize for intangible ones like job loss, poverty, and financial hardship. In reality, it’s an financial catastrophe that’s most probably to be the “large one” you’ll must face in your lifetime.

If you happen to’re not ready financially, you’ll be in a world of bother when issues go unhealthy. On this article, we’ll talk about the right way to obtain monetary freedom and turn out to be extra ready for tough instances forward.

Monetary Bother Could be Simply as Dangerous as Any Catastrophe

Pure disasters trigger loads of destruction and mayhem on their very own, however it’s the “quiet” destruction of financial collapse and private monetary woes that may radically form your private panorama, and never for the higher.

Within the wake of a pure catastrophe, you will have to take care of issues like looting, value gouging, shortages of important objects and companies, hardships in getting needed medical care, injury to or lack of your house or property, and extra. These are just some examples. The listing may go on and on.

However what about when there isn’t any bodily catastrophe? What about when it’s all ones and zeros, the tender terror of creating ends meet? That’s the place financial collapse could be so harmful.

It could trigger all types of havoc in our private lives with out us even realizing it till it’s too late. Job loss, poverty, and homelessness can occur in a short time in an financial downturn. And they are often simply as devastating as any pure catastrophe.

So, how are you going to shield your self? How will you be ready for this “large one”? The reply is monetary freedom. Monetary freedom is the flexibility to reside with out having to fret about cash.

It’s the flexibility to climate any storm, whether or not it’s a pure catastrophe or an financial one. And it begins with taking management of your funds.

How Can a Prepper Defend Towards a Monetary Downturn?

Typically we will see cash woes coming on account of happenstance, or our personal motion or inaction. Different instances it appears we’re beholden to forces which can be a lot greater than we’re, and fully past us.

Regardless of the case, like some other disaster there may be established and dependable procedures for minimizing and mitigating the injury.

The primary and most essential factor is to place a cease to the most important monetary vulnerabilities that most individuals residing within the West fall sufferer to.

Name it cultural, established order or no matter you need, however these components can rapidly show to be the weak hyperlink in your monetary armor. We’ll discuss these particular vulnerabilities within the subsequent part.

The opposite factor you are able to do is improve your monetary IQ! You take that all-important first step by studying this text, however your research should not start and finish with this.

You have to learn the way good folks deal with cash so that’s all the time one step forward of the sport, and in order that keep forward of insolvency by retaining the stream of bucks flowing ever towards them.

It isn’t sufficient to place your head down and work away like some sort of beaver; you have to act and react to an ever-shifting, ever-changing monetary panorama if you wish to survive a monetary calamity!

Tips on how to Put together for Financial Exhausting Occasions

The important thing to making ready for financial exhausting instances is to be proactive and take steps now to safe your future. Listed below are the chief vulnerabilities and techniques that have to be addressed :

  • Begin by evaluating your present monetary state of affairs. Make a price range and stick with it.
  • Slash private and institutional money owed. Any debt is an enormous vulnerability in a disaster, notably an financial one.
  • Lower your expenses wherever you possibly can. Reduce on pointless bills and put the financial savings right into a wet day fund.
  • Put money into your self by taking programs or studying new expertise that would result in higher job alternatives down the street.
  • Moonlight to boost further funds with what time and expertise you’ve gotten. Most people who find themselves experiencing cash troubles aren’t utilizing their time correctly.
  • Put a few of your cash into property that may maintain their worth throughout powerful instances, akin to treasured metals, land, and even cryptocurrencies like Bitcoin. Sensible preppers will make use of liquid property that may be readily transformed to money.

We’ll talk about every of them in flip beneath.

Funds Like Your Life Relies upon On It; It Does!

Among the best methods to organize for exhausting instances is to get your funds so as. This implies creating and sticking to a price range. It’s not straightforward, but it surely’s important. When cash is tight, it’s essential know the place each penny goes.

There are a lot of useful on-line instruments and apps that may make this course of simpler. You too can discover free printable budgets on-line. Simply do a fast Google search and also you’ll be in your manner.

One other technique to save is by slicing again on pointless bills. Brown bag your lunch as a substitute of consuming out, cancel cable and promote unused objects on-line.

These small steps can add up rapidly and allow you to build a solid financial foundation that may “snowball” rapidly into enormous strides in direction of your goal.

Get Rid of Money owed

One other essential step is to do away with debt. This will appear counterintuitive, but it surely’s truly probably the greatest issues you are able to do on your monetary well being.

While you’re in debt, you’re primarily paying another person for the usage of your cash. And when you can’t make your funds, you possibly can find yourself shedding your house or your automotive.

Don’t delude your self into considering that debtors will forgive your money owed in an excessive state of affairs, or that they received’t attempt to repossess something the debt is hooked up to; now we have too many examples within the latest historical past of bankers and tax males doing simply the other!

Acquaint your self with the auctions happening through the American Nice Melancholy when you want extra affirmation!

So, how do you do away with debt? The easiest way is to start out by paying off your high-interest debt first. This consists of issues like bank card debt and payday loans. When you’ve paid off these money owed, you possibly can concentrate on paying off your different money owed, one after the other.

You too can attempt to get a decrease rate of interest in your debt. This may be completed by refinancing your mortgage or by taking out a private mortgage to repay your different money owed.

And at last, be sure to’re not spending greater than you earn. When you’ve gotten extra money coming in than going out, you’ll be in a significantly better place to repay your money owed.

Financial savings: Your Survival Air Tank

In relation to prepping for monetary exhausting instances, financial savings is your survival air tank. Consider it like an air tank {that a} scuba diver wears to descend into the lethal depths of the ocean, or a rescuer wears right into a poisonous environment: so long as there may be air within the tank, they’re far much less more likely to be harmed in what would in any other case be deadly circumstances! Your financial savings are the identical.

It’s essential to have enough saved up within the “tank” so to journey out the hazard with out having to fret about offering.

It’s additionally essential to keep in mind that not all financial savings are created equal. In a downturn, sure kinds of financial savings might be extra precious than others.

For instance, financial savings in a checking account are way more liquid than financial savings in a 401(ok). Different investments is perhaps nice and extremely productive, however might be nearly unreachable when it’s essential make use of them!

A “liquid” asset signifies that you’ll be capable of entry it as money way more simply when you want it. So, when you’re seeking to beef up your monetary preparedness, ensure that to maintain a few of your financial savings in a checking account or another technique the place you’ve gotten higher management of it.

Or, you possibly can do it like your grandparents did it and hold a stash of money cash available and nicely hidden so you possibly can all the time get to it whenever you want it.

It’s crucial that you just shield this stash from theft and destruction, and that you just perceive it turns into much less and fewer precious over time on account of inflation!

Making Your self Much less Financially Fragile

Most likely crucial factor you are able to do as a prepper within the twenty first century is beginning making your self much less fragile financially.

What this implies is diversifying your revenue sources and hardening your self towards financial downturn, job market challenges, and different issues that may serve to chop you off from a dependable, regular revenue.

It’s not sufficient to easily go to high school or be taught a commerce, discover a job at a dependable firm after which maintain on tight and put your time in for 20 years earlier than you retire with a nifty pension.

That period is lengthy gone. Outsourcing, automation, and obsolescence can see most professionals residing in a “right here immediately, gone tomorrow” market.

As a substitute of getting mad or residing in desperation or concern of being left at a dead-end within the rat race, adapt! Make your self right into a monetary hydra; when you endure an harm, you come again stronger!

You are able to do this by means of a number of means, specifically by diversifying your skillset, moonlighting for further money, creating passive revenue streams, and radically decreasing your dependence on society.

Diversifying Your Talent Set

Step one to taking management of your monetary future is diversifying your ability set. This implies having a couple of string to your bow in order that when you lose your main supply of revenue, you’ve gotten others to fall again on. In powerful instances, having marketable expertise is extra essential than ever.

If you happen to’re unemployed or underemployed, it’s time to put money into your self. Talent up! Take programs or be taught new expertise that would result in higher job alternatives down the street whereas instances are good.

The important thing right here is to not turn out to be a “jack of all trades” however fairly to have a number of strong expertise outdoors however complementary to your regular AOE that may be utilized in numerous methods and herald further money move if want be.

For instance, if you’re an online developer, additionally be taught some fundamental graphic design; when you work in customer support, additionally be taught some fundamental accounting or bookkeeping.

Alternately, you would possibly put money into a very totally different however evergreen ability or commerce that may survive the overall collapse of your business sector and can also be one thing that continues to be in excessive demand.

Issues like plumbing, electrical work, transportation, and so forth by no means actually exit of favor, so to talk.

If doable, you would possibly try to be taught at the least one worthwhile ability that may be completed on-line or from house, so that you’re not reliant on discovering a standard employer who’s prepared to offer you an “in-person” job.

Moonlighting

An effective way to construct up some further money move is to moonlight; doing a number of freelance jobs in your free time or evenings.

This may be something from writing, design work, tutoring, and even pet sitting! The great thing about freelancing is that there’s no have to commit full-time and you may simply match the work round your present job.

The important thing right here is to guarantee that the roles you tackle are prime quality and mirror nicely in your private model.

You don’t need potential purchasers considering “oh, she’s only a part-timer” or “he does crappy work for affordable”. High quality over amount all the time!

Creating Passive Earnings Streams

Among the best methods to turn out to be financially resilient is to create passive revenue streams. These are sources of revenue that are available in recurrently, with little or no enter from you as soon as they’re arrange.

Some widespread examples embody rental properties, dividend shares, peer-to-peer lending and even writing a ebook!

The important thing right here is to start out small and work your manner up; don’t exit and purchase ten rental properties on day one! Attempt choosing one or two issues that curiosity you and see if you may make them be just right for you. For instance, when you like investing, analysis low-cost index funds which have a superb observe document.

When you’ve bought the cling of it, add one other stream and hold going till you’ve gotten a number of totally different sources of passive revenue coming in every month.

Lowering Your Dependence on Society

Lastly, probably the greatest issues you are able to do to turn out to be financially unbiased is to cut back your dependence on society.

This implies slicing down on bills wherever doable, creating and sticking to a price range, and investing in property that may maintain their worth (akin to gold and silver).

It additionally means changing into extra self-sufficient, so to present for your self and your loved ones with no need to depend on the federal government or large companies.

This would possibly imply rising your individual meals, studying fundamental carpentry, and even simply having a well-stocked pantry! Many preppers see a completely practical, self-contained, and off-grid homestead as the last word means to this finish.

Conclusion

Briefly, there are many issues you are able to do to turn out to be financially free and take management of your future even if you’re going through disastrous instances. It could appear daunting at first, however with a little bit of effort and planning, you may make it occur.

By following these steps, you possibly can turn out to be debt-free and obtain monetary stability and certainty. So, don’t wait till it’s too late. Begin taking management of your funds immediately.

Do you’ve gotten some other ideas or confirmed methods for changing into financially free? Tell us within the feedback!

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Domestic Terrorists Target The American Power Grid

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Buckle up, prepared families. The threat to America’s power grid is closer and more pressing than you probably thought. The enemy this time isn’t an EMP blast or sophisticated cyberattackers backed by a hostile foreign power. Indeed, the most pressing threat to America’s power grid is much less exotic and closer to home – domestic terrorists are targeting the American power grid. 

What’s more, a critical breakdown in communication between law enforcement agencies and officials responsible for the security of the power infrastructure has left state and federal regulators largely uninformed about the true extent of these threats. 

The blind are leading the blind when it comes to protecting the national power grid against threats from domestic terrorists. What’s more, the power grid is likely much more fragile than you suspect. All of this underscores the need for you and your family to be ready for a massive blackout, perhaps only lasting days, but potentially lasting weeks or even years. 

According to energy regulators, a lack of comprehensive information is impeding efforts to safeguard the extensive electricity system of the nation. The problem is that there’s simply not enough data to ensure the grid is properly guarded against all threats, including domestic terrorists hellbent on crashing the grid for their own nefarious purposes. 

Statistics reveal a troubling trend with the national power grid. In the first half of the current year, utilities reported 94 physical and computerized threats or assaults on electric grid infrastructure to the Department of Energy. This is a significant spike from the 67 incidents reported during the same period in 2022. The country is on track to equal or surpass the previous year’s record of 164 major cyber and physical attacks.

All signs point to “we’re just getting started” rather than a troubling and disturbing trend that’s about to run its course. Indeed, the actual number of attacks might be higher than indicated by the Department of Energy’s data. Certain incidents reported to Homeland Security officials by utilities did not appear in the DOE data. The lack of a centralized agency maintaining a comprehensive record and the lack of automatic alerts from law enforcement investigating potential threats further contribute to the challenge.

Law enforcement officials attribute much of the rise in grid assaults to white nationalist and far-right extremists who use online forums to disseminate tactical advice on disrupting power systems, according to the FBI. Indeed, the far-right in America is well aware of the threat that the increasingly rickety American power grid represents. Younger members are increasingly concerned with ecological issues, making the average left-wing climate activist look like Bambi by comparison. 

That might not sound very threatening to you – after all, how many far-right extremists are there attacking the power grid in, America? However, it’s important to understand just how fragile the American power grid is. There are over 10,000 high-powered transformers in the United States. However, crippling a mere eight of them would result in the entire power grid crashing coast to coast.

The power grid isn’t like your laptop which you just turn off and turn back on again when it crashes. It would take at least 18 months for replacement parts to appear, plus a significant amount of time to install them and get the grid going again. 

It’s estimated that in the first year of a grid-down scenario in the United States 90 percent of the American population would die

For those responsible for running and regulating electricity plants and power lines, understanding the nature of the threats is of paramount importance. An illustrative example is the case where suspects with neo-Nazi ties were charged with plotting to take down Baltimore’s power grid earlier this year. ‘

Maryland’s top utility regulator, Jason Stanek, discovered the scheme from news reports, not receiving any information from law enforcement before or after the news broke. The incident left regulators “caught flat-footed” and underscored the urgency of improving communication channels to enhance the security of the nation’s power grid.

How is your family preparing for the grid to go down? What steps are you taking to protect yourself and your family in such a scenario? Leave your thoughts in the comments below.

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Financial Freedom: The Backbone of Prepping for the Future

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In the ever-shifting landscape of preparedness, financial independence emerges as a crucial pillar for preppers gearing up for uncertain times. In this guide tailored for the vigilant prepper community, we delve into the essential strategies to achieve and uphold financial freedom, a key component of ensuring self-reliance.

Understanding the Crucial Role of Financial Freedom

Financial independence stands as the bedrock of prepping, offering the means to secure resources, fortify assets, and navigate economic challenges. For preppers, attaining and sustaining financial freedom is not just a financial goal; it’s a proactive stance toward ensuring self-sufficiency.

A robust emergency fund serves as the initial line of defense against unforeseen expenses. Preppers are encouraged to amass three to six months’ worth of living expenses in a readily accessible account. This financial safety net ensures the ability to weather crises without compromising prepping efforts.

Strategic debt reduction is paramount for financial freedom. Developing a systematic plan to pay down high-interest debts, starting with the most burdensome, liberates resources for critical prepping initiatives.

Dependence on a single income source can be precarious. Preppers are advised to explore diversified income streams, such as investments, side businesses, or freelance opportunities. A varied income portfolio provides resilience against economic uncertainties.

Creating a realistic budget serves as the foundation of financial freedom. Tracking income, categorizing expenses, and identifying areas for potential savings ensures that resources are allocated efficiently, supporting both daily living and prepping goals.

In times of economic turbulence, precious metals like gold and silver act as a safeguard against inflation. Allocating a portion of the financial portfolio to tangible assets adds a layer of security and enhances overall financial resilience.

Knowledge is a powerful asset. Investing in financial education equips preppers to make informed decisions about investments, wealth preservation, and economic trends. A well-informed prepper is better positioned to navigate the complexities of the financial landscape.

Advanced Financial Strategies for Preppers

If you want to truly be prepared, you need to go beyond eliminating debt and start making your money work for you. That means investing in financial instruments as well as hard assets. For those seeking to elevate their financial preparedness, consider these advanced strategies:

Strategic real estate investments can provide both passive income and a tangible asset. Exploring opportunities to invest in properties aligns with prepping goals and can contribute to long-term financial stability.

Investing in self-sustainable ventures, such as homesteading, renewable energy sources, or small-scale agriculture, not only promotes self-reliance but also presents opportunities for income generation.

Protecting assets is crucial. Preppers are encouraged to consider establishing trusts, creating legal structures, and consulting with financial professionals to safeguard their wealth and prepping resources.

Safety Measures for Financial Freedom:

In the pursuit of financial freedom, security is paramount. Implement the following safety measures:

    • Regular Financial Audits: Conducting regular audits of the financial portfolio ensures alignment with prepping goals and allows for adaptation to changing economic conditions.

    • Security Protocols: Implementing robust security measures for financial assets, both digital and physical, safeguards against theft or unauthorized access.

    • Legal Consultation: Seeking legal advice ensures that financial strategies comply with local laws and regulations.

For preppers, achieving financial freedom is a proactive step toward ensuring self-reliance and preparedness. By strategically managing finances, reducing debt, diversifying income, and investing wisely, preppers can build a solid foundation for navigating the uncertainties of the future. Incorporate these financial strategies into your prepping roadmap, and embark on a journey toward true financial independence. 

In the world of preparedness, financial freedom is not just a goal; it’s a strategic imperative for those committed to securing their future. Stay vigilant, and stay prepared.

How are you securing your financial freedom? How important is this for you in the overall scheme of prepping? Leave a comment below.

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Winter Vehicle Preparedness: Be Ready for Anything Mother Nature Throws at You

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It doesn’t matter if you want to be prepared for getting caught in a blizzard on the way home from work or you’re planning for a 500-mile bugout in your car: You need to have your vehicle prepared and ready for anything that mother nature is going to throw at you. 

Ensuring your vehicle is winter-ready and having a well-packed winter emergency kit can make all the difference when facing these challenges. What’s more, the best place for your bugout bag is in your car. Why? Because if you have to shelter in place, you can just go out to your car. If you have to bug out well… you’re going to have to go to your car. 

Your car itself should also be ready to have to undertake a potentially arduous journey at a moment’s notice. Few things are going to be more frustrating and potentially terrifying than having to bug out and realizing that you forgot some minor, but important, part of getting your car ready to weather the winter roads. 

Winterize Your Vehicle

Your journey to safety, be it from work or away from a disaster affecting where you live is going to begin with properly winterizing your vehicle. For most people this is the type of thing they plan to do, never get around to doing and conveniently forget every year because “nothing ever happens.”

For the prepared family, however, this is an absolute must. You have to have your car ready to go at a moment’s notice because, as a prepper or survivalist, you know that just because it’s always been safe where you live doesn’t mean that it will be safe there tomorrow – or even in ten minutes. 

Here are some ways to get your vehicle ready for the winter:

  • Winterize Your Tires: Invest in winter tires. This will improve your traction and control on snow and ice. What’s more, these tires are designed for greater flexibility in colder temperatures. You don’t need to be escaping disaster for this to save your life.
  • Battery Inspection: Batteries are not fans of cold weather. Ensure it’s in good condition. Most chain auto supply stores will test your battery for free and do free installs on new batteries. You should always have a set of jumper cables or, even better, a jump box in the event that you need to bug out. 
  • Antifreeze and Coolant: Checking your antifreeze levels is something else you should just be doing anyway. In the winter months, it’s absolutely crucial. It takes two minutes and can save your car over the long run. 
  • Wiper Blades and Fluid: Winter is the perfect time to replace your blades. Change them out for something winter-specific and change out your wiper fluid for something that’s going to work during the winter months. 
  • Snow Chains or Traction Mats: For people who live in areas with heavy snowfall and high-grade roads, this might be the most important thing on our list. Keep your snow chains and traction mats in the trunk in case you need them to get through some seriously deep snow. 
  • Oil Change: Go get an oil change before the cold weather comes in. Ask if they have a lower-viscosity oil that can keep your engine well-lubricated during the colder temperatures. 
  • Engine Block Heater: An engine block heater in the trunk of your car can be a lifesaver. Even if it doesn’t save your life it can make your cold starts easier and also increase the fuel efficiency of your vehicle – and who doesn’t want increased fuel efficiency? 

Winter Emergency Kit Essentials

Remember what we said about keeping your bugout bag in your car? That’s a great idea. But you should also have some basic emergency essentials in your car, even if you don’t have a bugout bag. You never know when you might even, say, break down and be stuck somewhere in the cold for potentially hours because you’re one of approximately 10,000 people who have called in about your winter breakdown. 

Here are some things that no car should be without during the winter months: 

  • Shovel: Keep a compact folding snow shovel in your trunk. You can use that to dig your way out of snowbanks or even just clear a path when needed.
  • Flashlight and Extra Batteries: A reliable flashlight, along with a spare set of batteries or three, can help you to navigate the outdoors if you have to abandon your car, or even signal for help. 
  • Blankets and Warm Clothing: If you take no other piece of advice from this article, you should listen to us here: You need to have extra blankets, warm gloves, hats, and jackets in the event that you are stuck inside your car for an extended period of time, can’t run the engine and need to stay warm. 
  • Non-Perishable Food and Water: Likewise, non-perishable food and water (preferably with high calories and high protein) can keep you fed and hydrated in the event that you end up stranded.
  • First-Aid Kit: A basic first-aid kit with bandages, antiseptic wipes, and essential medications is a must for any vehicle.
  • Fire-Starting Tools: You never know when you might have to start a fire. So keep some waterproof matches, lighters, and fire-starting materials in your car in the event that you find yourself needing a fire.
  • Basic Tools: A multi-tool, a knife, and some basic tools like a wrench or pliers can really come in handy if you break down. 
  • Sand or Kitty Litter: This is a little trick almost everyone who lives in a cold weather environment knows. Sand and kitty litter can give you the extra traction you need to get out of the snow if you find yourself stuck
  • Road Flares or Reflective Triangles: These can be extremely helpful in keeping you safe on the side of the road or, in an emergency, signaling assistance. 
  • Communication Devices: Always charge your cell phone in your car if you can. Keeping a two-war or CB radio can be another way for you to contact emergency services if you don’t have a cell phone or your phone dies. 

With just a little preparation and maintenance – some of which you should be doing anyway – your car will be ready to weather whatever the weather throws at it. It doesn’t matter if it’s a snowstorm on the way home from work or a total collapse of human civilization: your car will be ready to get you from point A to point B

What are some things we left out that you wouldn’t go without in your car? What’s the one item everyone serious about survival needs to keep in their car? Leave your thoughts in the comments below.

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