It has been fully a year since I last posted. Todays topic is preparedness. With the BOA collapse, the dock workers strike, hurricanes and the Iranian attack on Isreal and increase stresses at work – it has reminded Mrs. SNH and I that we need to stay vigilant and stay ahead of the potential threats that we face.
Americans have become accustomed to purchasing items on their debit/credit cards linked to their bank accounts. I am recommending that we ensure that there is enough cash on hand to cover a months worth of expenses in addition to the standard emergency fund recommendations by the financial pro’s out there for 3-6 months in a high yield savings account.
In addition to cash, we are seeing the stores completely empty of supplies in our local area which reinforces the idea that you need to make sure you have enough food to feed your family for a period. Of course – becoming a producer and growing as much of your food as possible is the ultimate in resiliency. Become independent, become hardened and have backup plans for everything!
It’s a short post and there is much more to explore in these topics, but it will have to wait. Check out the money guy on youtube! Tons of great financial info.