How to prepare for an economic collapse in 2014
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How to prepare for an economic collapse in 2014

The one problem about plans - they change at a moment's notice, and usually without notice.

How to prepare for an economic collapse in 2014

To prepare for an economic collapse is no different from any other disaster.

By James Smith

24 Jan 2014

If you haven’t had the chance to see an economic collapse, don’t worry – we are in the middle of a global one right now. If you don’t believe me, just read some financial articles on this site, gleaned from other sources.Flushing Money Down the Toilet 300x229 How to prepare for an economic collapse in 2014

Europe, Asia, the Americas – all large population areas that have at least one country in the middle of a monetary meltdown.

From riots in Argentina to the Ukraine, excessive spending in China and the United States, sound fiscal policy has gone the way of the dodo and the people are paying the price.

The year 2014 will go down as a year of epic fiscal failure. But you don’t have to fail. Let’s break this down into simple key words:

Preparing

To prepare for an economic collapse is very much like preparing for a disaster. It starts with a plan, and then that plan is executed at the right time.

A sample plan will be as follows:

Wages due
Bank bal
Days worth of food
Cash on hand
supplies still needed
Job 1 $500 $250 18 $75 food – pasta and sauce
Job 2 $400 toilet paper (18 rolls)
gas for car

Now that you have your pieces, placing them in the right place is paramount.

Assuming that a collapse will take place in 6 months, find ways to use any money you have left over to get the things that you still need. The one problem about plans – they change at a moment’s notice, and usually without notice.

Can you get the toilet paper with this next check? If not, how about the pasta and sauce? Can you get both items?

Preparing for an economic collapse or disaster means you will have to do without something (like a dinner out) today, in order to have something tomorrow (meals, etc). It is the highest form of delayed gratification there is. You may not have six months of food now, or ever. But what you have can be built upon to help you get through the toughest part – the first 30 days.

There are 4 things you have to have in any disaster or economic collapse:

  1. Food
  2. Water
  3. Shelter
  4. Security (firearms)

Getting them now would be the most prudent decision you have ever made.

Economic

Economic means how to use what you have in a more frugal sense. Being frugal does not mean being cheap, but it does mean getting the most for your money. The classical example is a blender.

Buying a blender is simple: Buy the cheapest, right? Not necessarily. If you buy the HEAVIEST blender, you are assured that there is a high content of metal within the blender – and that there is a minimum of plastic – which is more prone to breaking – within the blender. The heavier blender may cost more, but it should last many times over that of a plastic blender.

So should it be with any future purchases you make. Looking for a bargain may be your first inclination – and many times it may be the right choice, but look for the item that will last the longest. This will be the most economic choice.

Continue the mindset of economy in your food purchases. Single serving items would be fine for a single person, but buying in bulk may be a better deal. Four pounds of spaghetti pasta is cheaper per ounce that a single serving, buying Top Ramen by the case is cheaper than a single Cup-Of-Noodles, and provides more servings of food.

If you have the ability to pressure-can meats or vegetables, a low cost ham that would be too large for one person, can be used over many meals for a single person. Using what you have available will greatly increase your chances of survival after a collapse.

Collapse

When the collapse happens, you will be faced with countless decisions, and you may get a few wrong. The trick is the minimize these mistakes, while capitalizing on the mistakes of others.

You will have to decide if you are going to bug out, or relocate, to a different down or part of town. You will have to decide where to hide your supplies BEFORE the collapse happens. You will have to decide how to cook your food to hide the odors. Executing your plan at this point is critical. Being the one that acts means you are not the one reacting. This puts you in charge of your destiny.

Economic collapses in the past have always brought out the worst in people. Starvation is a powerful motivator and can physically change how a person thinks and responds to given situations.

The goal of any prepping is to be ready to act, not react, to situations and conditions as they change. This is why a plan is essential.

Do you have a plan?

 

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4 Responses to "How to prepare for an economic collapse in 2014"

  1. Darrell Robert Clevenger II
    Darrell Robert Clevenger II  January 25, 2014 at 1:56 am

    So it didnt happen in 2009, 2010, 2011, 2012 or 2013….. its gotta happen in 2014…..

    • James Smith  January 25, 2014 at 7:32 am

      It doesn’t have to happen in 2014. It may happen – like a major earthquake MAY happen in 2014. Prepping only means being ready for when it happens.

  2. James Smith
    James Smith  January 25, 2014 at 3:36 am

    Preparing for an economic collapse is like preparing for an earthquake. You know one will happen, and you are getting ready for the event. You do what you can with what you have. It doesn’t matter when it happens. It only matters that you’ve prepared for it.

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