Today I asked several people what would they do in the event of an economic collapse. The blank stares I received in response were not funny. After a moment one person said, “Without banks and money, people would lose their homes.” Then he said, “I think I should go ask my dad, he remembers what happened to his parents during the Great Depression. I think they had to start a shoe repair business to make ends meet.” Just in case you haven’t thought much about the economic impact of nations verging on the brink of economic collapse, here are some tips on how to prepare should that collapse impact your community.
- Store food – how long could your family survive on what you have right now?
- Clean water – do you have a plan or some stored around your property? Plus get some water purification tablets or use your Sun Oven® to pasteurize the water
- Shelter – where can you stay, do you have a tent and sleeping bag?
- Warm clothing – blankets, sweaters, rain ponchos
- Ax – may help with gathering wood for fuel
- Lighters or waterproof matches
- Comfortable shoes
- Flash light or lantern with batteries
- Communication equipment; walkie – talkies etc. Have an emergency meeting place
- Swiss army knife
- Personal hygiene products
- First-aid kit and other medical supplies; pain meds; extra prescription meds
- Extra gasoline with Stay-Bil® added for long term storage
- Sewing kit – for sutures and buttons
- Self defense equipment – pepper spray and more, plus ammo
- Compass and printed maps to help find your way
- Hiking backpack for a bug-out-bag filled with food, water & clothing
- Community – some way to get together with others
- A back up plan – how will you provide for your family without centralized services like water, sewer and electricity?
- Special needs of babies and pets
- Card games, etc. for entertainment
- Stock up on vitamins – survival food may not be very nutritious
- It could get to be too late to grow some of your own food
- Move away from the big cities
- Start a side business – look for a community need and prepare to fill it
- What expenses can you reduce?
- Acquire some silver and gold
- Get out of debt
- Keep some cash at home/ in your vehicle and coins
- Have money in more than one financial institution
- Build up an emergency fund to cover all your expenses for at least six months
- What small items can you use for trade/barter? Learn the art of trade and barter
- Keep your plans a secret
- Physical fitness
- Spiritual preparations – prayer and scriptures
Billie Nicholson, editor