The conundrum of owning stock is that it serves as a hedge against inflation only in an otherwise viable economy. At the first sight of serious economic trouble, the premiums paid on corporate stocks take a nosedive and not recover for months or years; in a genuine downturn, the intrinsic value of many companies will also shrink. Since a downturn is probably the time when you will need your rainy-day money the most, it's important to play it safe. Putting somewhere around 30-40% of your emergency stash into the stock market may be a good call. Going all in is a very risky bet, since in an economic crisis, it's not rare to see stock indices plunge 50%.
There are key foods that keep well that are also very budget-friendly. In addition to this, it is worth considering making and pickling your own food — this makes your food supplies last longer than simply purchasing cans and placing them on rotation. Remember, just as we wrote in the first article, prepping on a budget is a gradual process, so don’t worry if you feel as though you aren’t quite ready for an emergency situation yet! You will get there eventually, storing food $5-worth a week is still better than nothing at all.
Once you get going, it will be easy to lose track of what you already have. The best way to overcome the state of confusion you will experience six months down the road is to start keeping track of your stored items now – from the beginning. Use a spiral notebook, a computer spreadsheet, or a clipboard and a pad of paper. Update your inventory with the item and date of purchase as it goes into storage and of course, mark it off as it rotates out.
So, let's start from the beginning! Throughout much of the recorded history, the monetary systems of the western world employed so-called commodity money, generally settling on coins minted out of silver or gold. The two metals were favored because of their nearly universal appeal, and because of their inherently constrained, labor-intensive supply. In this system, early prices likely reflected the worth of a particular good compared to the valuation of the coin as a non-monetary commodity. Over time, the exact "melt value" of the coins started to matter less, and the currency functioned as a more abstract medium of exchange - but its precious metal content stabilized the economy by ensuring that the coinage had an inherent and lasting value, even if the issuing state simply vanished from the map.
In shopping malls, on mass transit, and in other crowded settings, don't carry your most precious valuables in front or back pockets; a purse is also a clear no-no. Inner pockets of jackets, and breast- or knee-level pockets of pants and shirts, are much harder to muck with. Discreet, slim waist packs or under-the-garments neck wallets work even better. Emphasize to your friends that you are wearing such fashion accessories only ironically; who knows, maybe you will start a trend.
“I’m actually responsible, indirectly, for the end of the meetups,” Dr. Shealy tells me inside his Springfield clinic off Chestnut Expressway, and not just because he thinks the earth is more than 6,000 years old. (Andrew: says you can’t trust anyone who believes that.) He sports a red crewneck, navy blue sweatpants, a stretchy metal watch and rectangular glasses. The 85-year-old—he’s more energetic than most people half his age—specializes in holistic medicine; the first thing he asks me is my birthday, and do I know what my astrological sign means. On my way out, he asks if he can hug me, and when I oblige, a toothy grin pulls wide the spritely doctor’s cheeks. “I believe it’s an important part of human contact,” he says.
Johnson wishes that the wealthy would adopt a greater “spirit of stewardship,” an openness to policy change that could include, for instance, a more aggressive tax on inheritance. “Twenty-five hedge-fund managers make more money than all of the kindergarten teachers in America combined,” he said. “Being one of those twenty-five doesn’t feel good. I think they’ve developed a heightened sensitivity.” The gap is widening further. In December, the National Bureau of Economic Research published a new analysis, by the economists Thomas Piketty, Emmanuel Saez, and Gabriel Zucman, which found that half of American adults have been “completely shut off from economic growth since the 1970s.” Approximately a hundred and seventeen million people earn, on average, the same income that they did in 1980, while the typical income for the top one per cent has nearly tripled. That gap is comparable to the gap between average incomes in the U.S. and the Democratic Republic of Congo, the authors wrote.
When he gets up to show me about his cabin, Pense stands with the height and permanence of the dignified trees that encircle the property. He doesn’t say “um,” or “well”—the slow, deliberate syllables that emanate from his jowls feel like historical record, perhaps with a sprinkle of Americana, but not quite jingoism. Listening to him talk about his life is like having R. Lee Ermey recite your high school American studies textbook, but gentler.
To Levchin, prepping for survival is a moral miscalculation; he prefers to “shut down party conversations” on the topic. “I typically ask people, ‘So you’re worried about the pitchforks. How much money have you donated to your local homeless shelter?’ This connects the most, in my mind, to the realities of the income gap. All the other forms of fear that people bring up are artificial.” In his view, this is the time to invest in solutions, not escape. “At the moment, we’re actually at a relatively benign point of the economy. When the economy heads south, you will have a bunch of people that are in really bad shape. What do we expect then?”
Quick and easy foods help you through times when you are psychologically or physically unable to prepare your basic storage items. No cook foods such as freeze-dried are wonderful since they require little preparation. MRE’s (Meals Ready to Eat), such as many preparedness outlets carry, canned goods, etc. are also very good. Psychological Foods are the goodies – Jello, pudding, candy, etc. – you should add to your storage.
When I visited Johnson, not long ago, at his office on Park Avenue South, he described himself as an accidental student of civic anxiety. He grew up outside Detroit, in Grosse Pointe Park, the son of a doctor, and he watched his father’s generation experience the fracturing of Detroit. “What I’m seeing now in New York City is sort of like old music coming back,” he said. “These are friends of mine. I used to live in Belle Haven, in Greenwich, Connecticut. Louis Bacon, Paul Tudor Jones, and Ray Dalio”—hedge-fund managers—“were all within fifty yards of me. From my own career, I would just talk to people. More and more were saying, ‘You’ve got to have a private plane. You have to assure that the pilot’s family will be taken care of, too. They have to be on the plane.’ ”
It is fiendishly difficult to safeguard your belongings when you're not home. When dealing with opportunistic burglaries, a heavy, bolted-down safe, ideally ordered directly from a reputable manufacturer, is probably your best defensive tool. Against sophisticated adversaries on a targeted job, almost all bets are off; in such cases, operational security (section 3.5.3) is more important than any amount of high-tech gear.
If you’re one who needs to make some adjustments, that’s okay. Look at these suggestions and add the things you’re missing. It’s easy to take a basic storage and add the essentials to make it livable, but it needs to be done. As I did the research for my cookbook I wanted to include recipes that gave help to families no matter what they had stored. As I put the material together it was fascinating to discover what the pioneers ate is the type of things we store. But if you have stored only the 4 basics, there’s very, very little you can do with it. By adding even just a few things it greatly increases your options, and the prospect of your family surviving on it. As I studied how the pioneers lived and ate, my whole feeling for food changed. I realized our storage is what most of the world has always lived on. If it’s put together the right way we’ll be returning to good basic living with a few goodies thrown in.
Survivalism, the practice of preparing for a crackup of civilization, tends to evoke a certain picture: the woodsman in the tinfoil hat, the hysteric with the hoard of beans, the religious doomsayer. But in recent years survivalism has expanded to more affluent quarters, taking root in Silicon Valley and New York City, among technology executives, hedge-fund managers, and others in their economic cohort.
At $40 for a case of 12, Soylent does a great job replacing solid meals with pre-mixed drinks that can extend your survival food stores by a few days. Each bottle is 400 calories and contains 20% of your daily nutritional needs. Drink five bottles and you’ve got a full day’s worth. They’re also vegan and nut- and lactose-free, with very clear nutritional info.
165. Toilet Paper – If stores close down, toliet paper will skyrocket in demand, store up on some now. Get those commercial rolls, with 1000 sheets. A simple way to gauge your needs for 1 year, is to mark how many rolls do you go through in a week. Then multiply this number by 52. If you use 2 rolls per week in your household, then you will need 104 rolls. Remember this will always be a great bartering item.
Great article! It is so helpful to read about the basics again and again. IMHO, the most important guiding point in the article is to prep what you will actually eat. This week my husband cooked DAK ham in a skillet with potatoes and melted cheese. It was just okay. I’m not crazy about the ham and am choosing not to prep it. Proteins have been the most difficult for me. So far, proteins I am SURE I will eat are all kinds of dried and canned beans, shelf-stable tofu (Mori-Nu), and Campbell’s Roadhouse Chili. This chili tastes a lot better than Hormel and tastes great over rice. The Mori-Nu tofu can be heated in a minute in the same pot with a pack or 2 of ramen noodles. I don’t use the seasining pouches b/c of MSG so I add a little soy sauce and dried ginger to the noodle-cooking water. Dehydrated scallions would be good addition but I have not tried dehydrated food yet. Although I do not like canned salmon or regular salmon pouches, I found pouches of grilled salmon and smoked salmon which I’m going to force myself to try this week.
Food prep gear. As discussed in section 4.3, one of the best ways to cook food or to sterilize drinking water on the go is to have several portable propane tanks, a miniature stove ($13), and a lightweight covered pot ($28). Some plastic dinnerware ($13) can be a nice touch. Make sure that the stove fits your propane tanks; you may need a Lindal valve adapter ($20) if not.
Last thought. I live in a small subdivision, in a small southern town, and a lot of the stuff I mentioned, are very natural to us, because we grew up around it. I can’t even remember the last time I bought a tomato at the grocery store! Our small community established our own disaster plan in an effort that if there was a great catastrophe or crisis, we can block off our subdivision and go straight into “survival mode”…it is not that hard to do, and remember there is always safety in numbers.
Over the years we have had a number of weevil infestations in our pantry. I finally had the county entomologist share with me that they tend to be in most commercially packed grains and that all you can do is to go through what you buy fast enough to keep from having a full weevil life cycle get out and into your pantry. I have heard of your suggestion to freeze flower and have been told that this only delayed the start of the insect life cycle to when you took it out of the freezer. (The implication was that your freezer couldn’t get cold enough to kill them but only make they go dormant.) I am looking for information about generating CO2 to replace the air in your packing containers and this would either kill them or keep them dormant the entire time you ore storing them. I have seen one description of using a coin size piece of dry-ice inside the mylar bags before final sealing. The dry-ice idea would not be available after the event. There has to be a simple lime-stone and acid in a mason jar with a piece of aquarium tubing????? (Looking for details on this!???)
3) the best part? many of them have something that is not advertised on the Internet: 20-lb paper bags of both red and white hard wheat at an amazing price! No, you can’t #10-can them and they can’t ship them, but if you live in a reasonable drive or a friend is going near one, it’s definitely worth a little effort. Again, call ahead and make sure before going.
So, here's your homework: make a list of all the major threats discussed in this guide, alongside with any other contingencies you worry about. For each and every one of them, draft a detailed, step-by-step preparedness and response plan that sounds right to you, and that you can see yourself actually putting into action. Don't obsess over getting all the details right; we'll try to refine your choices in section 4, and even then, it may take several iterations to settle on an approach you are really happy with. For now, simply list all the noteworthy dangers, jot down some initial answers to the following questions, and see where that takes you.
For many, the singular strategy for dealing with such dangers is to pray for the government to bail us out. But no matter if our elected officials prefer to school us with passages from Milton Friedman or from Thomas Piketty, the hard truth is that no state can provide a robust safety net for all of life's likely contingencies; in most places, government-run social programs are severely deficient in funding, in efficiency, and in scope. Large-scale disasters pit us against even worse odds; from New Orleans in 2005 to Fukushima in 2011, there are countless stories of people left behind due to political dysfunction, poorly allocated resources, or lost paperwork.
These are people who believe a thousand-year-old prophecy is about to come true. People who believe most of their loved ones will be dead within a year. People who are preparing for the possibility of killing their neighbors, who presumably will become feral and desperate. People who just might buy 3D printers and extra fancy new UV handheld water purifiers to help ride out the collapse of civilization, but who are probably more likely to spend $10 on PDF downloads of guides with names like Urban Chicken Farming After the Dollar Collapses. These are people who expect they themselves may only have a year left on this planet.
Food storage cheap – Shop around. Since I had a meager budget, I wanted to maximize every dollar that I spent. This is where urgency can get you into trouble. The more patient you can be the better the deals you can find. First, investigate the stores in your area. I was amazed the stores that I had shopped at for years had bulk items I never noticed before. Second, check local store prices against online prices. Third, get creative. If you are working on getting cheese and powdered milk for your food storage see where the closest cheese factory or dairy is and how their prices compare. I lived 35 mins away from a ConAgra Food Company (they make my favorite spaghetti sauce) and didn’t even know it. I learned about it after moving to Idaho. The more you research food storage items the better the price you will get for it.
I can't claim to have good advice for people who are already in a tough spot: if your household earnings are well below median, you may simply have no disposable income to build a personal safety net. But for most other folks, the ability to prepare for the zero-income contingency is well within reach - and it would be unwise not to give it a go. Sure, even a lifetime of belt-tightening won't make the average middle-class family fabulously rich. But rainy-day funds work in a different way: their purpose is to get you through a rough spell, not to pay for a mansion or a fancy car. Since the amount needed is directly proportional to how much you currently make, it makes relatively little difference if your household brings in $70k or $140k a year. Either way, if you set aside 10% of every post-tax paycheck, you should have a 6-month financial safety net established within 3 years and a change.
Despite the trauma, I kept going to protests. I felt grimly determined, and as I kept going, I became more desensitized to the chaos. My medic bag evolved into something more suited for treating the effects of police brutality than simply a place to keep extra snacks and water on hand. I learned from other medics how police often target medics and organizers for arrest in order to destabilize and demoralize the entire group, and I grimly prepared for an inevitable attack or arrest.
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.
Some Geiger counters can keep track of the cumulative dose for you, but most will simply display the rate at which you are getting exposed - typically in microsieverts per hour (µSv/h) or microroentgens per hour (µR/h; for gamma radiation, 1 R/h ≈ 1/100 Sv/h). To figure out what the reading means, you need to do the math: for example, at 600 µSv/h, you will hit 100 mSv within a week, and 1 Sv within about two months. (The usual background rate from natural sources hovers around 0.1-0.2 µSv/h.)
"Mini survival kits" or "Altoids tin" survival kits are small kits that contain a few basic survival tools. These kits often include a small compass, waterproof matches, minimum fishing tackle, large plastic bag, small candle, jigsaw blade, craft knife or scalpel blade, and/or a safety pin/s. Pre-packaged survival kits may also include instructions in survival techniques, including fire-starting or first aid methods. In addition, parachute cord can be wrapped around the tin. The parachute cord can be used for setting up an emergency shelter or snaring small animals. They are designed to fit within a container roughly the size of a mint tin.