I'm a relative lightweight in the "prepping" world. I have emergency food, water and other supplies to keep my wife and myself alive for a few months in a disaster situation, and (hopefully) enough to share with friends for at least the short term; but that's based on "bugging in", staying in our home and not venturing far unless and until it's safe to do so. We don't have a "bug out" location, or remotely stored supplies, or anything like that - it's simply unaffordable for us.
Nevertheless, I'm often surprised to hear from people who are very much in our situation that they have these grand plans to "bug out" to the sticks, establish a survival homestead from scratch, grow their own food, herd a few cows, steal a travel trailer from somewhere as a place to live, and so on. Frankly, I think they have no idea at all of just how much work will be involved in making that plan work.
Eaton Rapids Joe has put up a couple of recent blog posts in which he lays out precisely what skills and resources are needed (and vitally important) if one is to homestead successfully. In the first article, "A man has to know his limitations", he looks at all the skills needed to successfully homestead (some required all the time, others for specific situations). In the second, "Why 'Russian' Dachas all look alike", he examines what successful country farms have in the way of facilities and equipment, and also what they don't have (because it's either way too expensive, or too resource-heavy, or unnecessary). Both articles, and both of the lists he provides, are well worth reading. If, after reading them, anyone still thinks it'll be easy to set up an emergency homestead . . . well, you're probably going to learn the hard way how wrong you are!
... if you need to resort to your hideaway stash becase you can’t get to your primary gear, then its safe to assume that your life has just taken a turn for the spectacularly ungood, agreed? So, in that time of (literally) existential crisis doesn’t it seem to make sense that you would want the best gear you can have?
It does, indeed, make sense. That's a lesson I learned the hard way in Africa over many years. If you know, beyond a shadow of a doubt, that Mother Nature is a stone cold bitch who's out to kill you, wouldn't you want the best gear you can get in your emergency stash, to help you withstand her advances? Quality can save your life. Economy can kill you. That applies to all our emergency preps, not just firearms.
(On a related subject, Commander Zero recently bought some land in the back country of Montana, and is beginning to set it up as a private retreat. He recently blogged about his first weekend excursion to begin preparing it for use. So many things went wrong that one can almost feel his pain, but he's not afraid to discuss all the mistakes he made, and what he's learned from the experience that he'll apply in future visits. A very useful discussion, and a very useful reality check for the rest of us.)
Preparation isn't just physical. One's outlook on everyday living - and what it costs - is a foundational element. SNAFU links to a social media comment from a teacher who's complaining that she can't come out on $7,500 net income per month - while spending over $1,500 on a vehicle payment, and over $3,000 on rent! Some commenters at his site question whether the original post is truthful, because the payments seem extraordinarily high, but he makes the very valid point that "Financial Education needs to be a REQUIRED course in school (along with NOT chasing luxury items to impress people that don't give a damn)".
On that subject, here's some brutally frank (and very truthful) advice from the TV series House Of Cards. Kevin Spacey plays Frank Underwood, a highly immoral yet realistic politician.
Yes, that is brutal advice: but in this world of easy-fulfilment dreams, hire purchase, leasing, and all the other debt instruments out there, it remains true. If you're in debt, you're a financial slave to those who own your debt, and most of them will be utterly ruthless in coming after you to get what they're owed. Being prepared for emergencies is as much about financial preparation as any other type of preparedness: and one of the first and most fundamental steps in financial preparation is to get out of debt as far as possible. As Spacey's character says, "The moment you get in debt, you're enslaving yourself until you buy back your freedom with interest." Believe it. It's true.
(Sometimes, of course, we can't afford not to go into debt. We had to replace my wife's car in early 2022, because her old one had been driven into the ground until it was no longer viable. The impact of COVID-19 had led to a drastic shortage of all types of vehicles, partly due to the reduction in dealer inventory, partly due to the shortage of used vehicles thanks to President Obama's "Cash For Clunkers" scheme, which scrapped tens of thousands of otherwise worthwhile cars. We ended up buying a new car, and paying above the manufacturer's MSRP, because nothing else worthwhile was available to us: and, to finance that very expensive purchase, we took out a loan. It was a loan neither of us wanted, but under the circumstances, it was necessary. Under such circumstances, one does what one must. We bought an entry-level model without all the luxury features, and that helped lower the price and keep payments down.)
All of the above articles are food for thought.
Peter
"Cash is King" and "pay yourself first." Don't remember who said those but rarely does one find more truth in fewer words.
ReplyDeleteThat said, sometimes credit is a necessary evil. Recognize that its is evil and treat it accordingly: use very sparingly, and intelligently, when it's a necessary evil. Before you take out any loan, for anything, print the amortization table for the proposed loan and study it. Total up how much interest it contains for the life of the loan, and examine ways to reduce it as much as possible. A friend's 30-year house mortgage, a quite reasonable one, showed the usual 360 payments, with the principal part of the first payment being $24; adding $25 to their first payment would skip them one month into the schedule, avoiding all the interest on payment #2. Adding $100 would move them to payment #5 on the table, avoiding all the interest amounts for payments 2,3,and 4. Scrimping hard on other things for several months could have them 5-7 years into their 30-year mortgage by the end of the first year.
Auto loans-most people, when the last payment is made, figure they now have X dollars "free money" to spend. Instead, that payment amount has been figured into your budget for however long the loan was, so keep making those payments but make them to yourself; find a high interest insured money market acccount at a credit union or bank and do auto-pay into it with the car loan amount. Pretty soon you'll have a pile of cash, and the next time you need to buy a car you can capitalize on deals - specifically, one of those rare deals where it's a gently used car in excellent condition - because cash offers leverage that nothing else does.
If you have a place you can bug into, what do you need to be able to fix? Do you have enough storage? You don't. You really don't. What to store?
ReplyDeleteA welder - welding is a skill. Will you MIG, with or without gas. How thick the metal, 120 or 240V. If you go ox-fuel. Propane or acetylene? Rods? How do you keep your rods dry? Which rods do you choose? Nozzles? Cutting, welding or heating. By the way, iron and mild steel only. Welding is only part of it. Cutting, grinding, etc.
Every skill on that list is like that. I keep sheep, cows, and chickens. I have a closet of vet supplies. Large animal vets that visit don't exist in my area anymore. I have a vet with whom I text pictures and questions, but I must handle the animals.
What do you need to stock, how much can you store? Garden-if you garden organically you will lose up to 70% of your crops to insects. Then there is the weather. What crops are practical in your area?
Maintenance - do you depend on a vehicle? Can you keep it running? How about your plumbing? Does your food supply depend on electricity? Do you have enough mason jars to can a year's worth of food? What won't grow in your area? Grapes-take a while to establish. Fruit trees - you need to be years ahead.
If you are not preparing and doing years in advance then you are at best prepared for only a few months. IMHO.