As for the remainder of your money, I suggest splitting it across two largely unrelated financial institutions with different risk profiles - say, a big national bank and a local credit union. As long as the deposits are insured by the government (as they normally are in the US and in Europe, up to a per-account limit), this approach greatly increases the availability of your money, and probably doesn't expose you to any substantially new dangers. Keeping all your savings outside the banking system is an option, too, but it's not necessarily a smart choice. With fiat currencies, this move does not truly insulate you from that many longer-term risks, but adds the very real possibility of losing all your funds to fire or theft.
It is worth noting that many personal finance experts advise against hand-picking your investments. Instead, they advocate a process known as "indexing": buying into an investment vehicle comprising hundreds of stocks, structured to represent the stock market as a whole. The proponents of indexing have a point: most people who try to pick individual winners in the stock market usually fare no better than an index fund. But in the context of prepping, I think this is advice is flawed. To remain calm in tumultuous times, it is important to maintain a firm grasp of the merits of your investments. One can convincingly reason about the financial condition, the valuation, or the long-term prospects of a paper mill; the same can't be said of an S&P 500 index fund - which, among other things, contains the shares of about a hundred global financial conglomerates.
About a month after I left meetup 2.0 at Pizza Hut, former attendee Garland Fitzhugh called to tell me it’s become more of an ‘eat-up’ than a prepper meetup—fair, considering there’s been no local calamity to keep the survivalist group on its toes. Allen emails meeting suggestions to a prepper listserv, asking them to focus on prepping situations they can actually influence. He may as well type in Wingdings. A former Navy technician, Allen spent most of the meeting on his phone; his ears only perk up when Andrew: says something about naval intelligence that piques his interest. “I try not to do that too much,” he tells me later.
I hope this makes sense to you. It sounds like you have already figured out that with a growing teen and two additional children in the household, this will be a good start but that more will be needed over time. By doubling these quantities my guess is that you will be better prepared, food wise, than 90% of the population. And even without doubling the quantities, you will be better prepared.
The irony of this didn’t escape me: While I’d been drawn to freeze-dried food as a convenient way of preparing for a cataclysm that may never come, there I was, toiling away for hours in the kitchen to prepare a dish I’d be eating that night and the next day. It was the most fortifying meal I’d eaten all week, and a minor achievement: Thanks to the premeasured portions and easy-to-follow instructions, I’d learned how to make a chicken pot pie from scratch.
Call ahead to the meat dept.of your store and ask them if they can hold suet or fat for you, what days they ate most likely to have it in inventory, and whether or not it has to be special ordered in the quantity you need. You can also ask for meat trimmings as that is the extra fat that gets cut off the cuts being packaged for the sales floor. There’s often a lot of meat attached to these, and you can get them cheap.
Don't just keep that stuff in your home; it's actually more important to have such a kit in your car (ideally in the center console) and carry something equivalent when biking, hiking, climbing, hunting, or engaging into other injury-prone sports. There are some lightweight ready-made kits ($19) that may do the trick, although making your own is always a better choice.
Forgetting to store spices, salt, oil and basic condiments that are needed for your food storage. How will your famous spaghetti sauce taste without Italian seasoning, salt, olive oil and that pinch of sugar? Beans are a great staple to have on hand and can be seasoned in a variety of ways using salt, cumin, garlic powder, onion powder, soy sauce, ground red pepper and more.
Buy dry foods, canned goods and peanut butter, then use the oldest on a regular basis and rotate new stock into the pantry. Too many people buy foods that they will only eat when the SHTF and then since you’re not using it on a regular basis, it’s gone or going bad. If however you buy many of the foods you currently eat for SHTF planning then you can eat the oldest food and rotate new stock into your holdings as a routine part of your meals.
If this particular calamity strikes, what's the step-by-step playbook you would follow, and how much time would you have to carry out the plan? Will you be sheltering at home, or is this a situation where you need to evacuate? If the answer is "it depends", what would be the key factors, and how quickly would you need to make the final call? If you pick the wrong option, how bad would it be?
In tropical areas, a survival kit may have mosquito head netting, additional insect repellent, anti-fungal cream, a machete, water purification tablets, foot powder, matches, a flint strike, a compass, a wire saw, a space blanket, medical equipment (gauze pads, elastic gauze bandage, antiseptic creams, anti-malaria tablets, anti-infection tablets, bandages, etc.), salt tablets, a fishing kit, snare wire, extra socks, a candle, a signal mirror, flares, a sewing kit, safety pins, tinder, tape, a whistle, and rations.