Endless Sun Solar

Category: Financial Preparedness

Financial Preparedness: These are your savings, stored wealth and the skills that allow you to make a living.


Poor Is A Choice – 25 Ways To Choose A Rich Life

I’ve written previously about The Top 10 Symptoms of Poor Man’s Disease and about how I’ve been unemployed, lived check-to-check and once lived in such a rough neighborhood I counted prostitutes on my way home from work each night…but I never chose to be poor and I do believe that poor is a choice. I never went hungry growing up or did without anything I needed (and by my high school years had just about everything I wanted) but there was a time when I was very young when my folks would search through the couch cushions at the end of the month to scrape together enough money to have a treat at McDonalds.  As an adult I’ve been unemployed, lived check-to-check and I once lived in such a bad neighborhood that I made a game of counting how many prostitutes I passed on my way home from work. I now live in a small town and one of the benefits of living in a small town is that you get to know many different types of people.  Folks with varied economic and educational backgrounds…folks with  different definitions of success who define ‘the good life’ in ways many of us couldn’t even imagine.  I know lots of folks who don’t have a lot of financial resources but I don’t know a whole lot of ‘poor’ people…and most of the folks I know who are ‘poor’ live a life to be envied by most folks…and I’m not talking about people like Hillary Clinton talking about being broke when she and President Clinton left the White House. Even those that are members of the lucky sperm club and grow up with all the benefits that family wealth provides have been known to choose poverty… then there are guys like Donald Trump who’s failed and gone bankrupt multiple times, but never let it keep...

Top 10 Ways To Find Extra Preparedness Money

Prepography contributor Grumpy G and I have had several rounds of correspondence lately discussing budget prepping and prepping when money is tight.  Preparedness doesn’t have to be expensive, but there’s no denying the fact that many facets of preparedness do cost money and with the economy getting tougher and tougher in many areas it sure would be nice to have some windfall or unbudgeted money to put towards your preps.  That got me to thinking about ways the Top 10 Ways To Find Extra Preparedness Money. With one exception I’ve used each of these techniques to find extra preparedness money at some point.  If you have techniques you’ve used that you can add let us know in the comments: Hold a Garage or Yard Sale:  I hate getting everything together and sitting around the garage all day but it’s a sure way to make an extra couple of hundred bucks in a few days and replace things you no longer use with things that you hope don’t end up in the next garage sale.  Don’t forget to put an ad in the newspaper and make sure to put signs up from the nearest major intersection(s) if your community allows it.  Consider timing your garage sale with your city or neighborhoods annual garage sale and you’ll be even more successful.  If you live outside of town borrow a friends garage or participate in a multi-family garage sale in town for more sales. Turn the Tables on Amazon:  Did you know that Amazon buys back music, books, electronics and all sorts of other stuff.  You generally make garage sale prices but don’t have to sit in a hot garage all day.  I’ve done this enough that I’m starting to get a better idea of what brings the big bucks and it seems to be collections (anthologies) of books, graphic novels, music...

RECORD WITHDRAWAL OF GOLD – Today’s Quote

JP Morgan had the largest one-day withdrawal of gold ever. JP Morgan had 321,500 (exactly 10 metric tons) withdrawn from its Eligible category… In just one day, JP Morgan lost 22% over its total gold stocks at the Comex. Total gold inventories at JP Morgan declined from 1,459,027 oz yesterday, to 1,137,527 oz. Also, there was another 32,150 oz of gold withdrawn from Scotia Mocatta’s Eligible inventories. This is quite interesting as the removals from both JP Morgan & Scotia Mocatta turn out to be exactly 10 metric tons (JP Morgan) and 1 metric ton (Scotia) for a total of 11 metric tons. via RECORD ONE-DAY WITHDRAWAL OF GOLD FROM JP MORGAN : SRSrocco Report FacebookPinterestGoogleRedditTwitterTumblrEmailPrintPocketMoreLinkedInLike this:Like...

Building a Bug Out Bag – Part VIII, Financial & Identity

This entry is part 8 of 11 in the series Building A Full Spectrum Preparedness Bug Out BagIn Building a Bug Out Bag Part I we discussed why building a Bug Out Bag is important and what type of bag to select.  In Part II we discussed the Transportation Items to consider, in Part III we explored Water preparedness, in Part IV it was Food preparedness, in Part V we tackled Shelter, Clothing and Protection from the elements, in Part VI we considered Communications options and yesterday in Part VII we discussed Security Preparedness for your Bug Out Bag.  Today we’ll discuss Security preparedness and some Security elements to consider while building a Bug Out Bag.  Remember, this is your last ditch, carry on your back, walk away from trouble Bug Out Bag…not what you hope you can get to your bug out location if your car, SUV, or Daimler Ferret makes it. Financial & Identity Preparedness: There’s no telling what financial challenges you’ll have during your bug out.  Don’t count on being able to refill your wallet during an event either…there may be a bank ‘holiday,’ a run on the ATM or the credit card networks may be inoperable.  You may also encounter price gouging or even a currency failure where cash is suddenly worthless.  In addition to the ‘money’ you’ll carry, there’s also a ‘currency’ to being able to prove who you are, what you own and what skills you have.  Consider the following for your Bug Out Bag…but you may want to transfer most of these items to your body at your earliest opportunity. Currency & Financial: Cash:  Carry as much as you can in varying denominations but make sure not to flash your wad or you might make yourself a target.  One way to do this is to split your currency among the responsible adults...

Additional Online Prepper Tools from Reader SnW

Reader SnW submitted the following online prepper tools for our Online Tools library: Ammo Price Searches: Ammo Seek:  Ammunition Price Search Engine Precious Metal Comparison Pricing: Compare Gold Prices Compare Silver Prices Thanks for the info SnW, we’ve added your tools to the library. If you see an online tool that would help the Prepography community…please pass it along. FacebookPinterestGoogleRedditTwitterTumblrEmailPrintPocketMoreLinkedInLike this:Like...

Top 10 Items to Buy Before The Election

The economic, environmental, religious and political stressors on society are compounding in ways not seen since at least the 1960’s.  These forces will have an affect on the prices (and likely the availability) of a number of the goods and commodities you use regularly as well as those important for preparedness.  Of course, the big elephant (or donkey) in the room is the upcoming U.S. presidential election.  I urge you to consider Prepography‘s Top 10 Items to Buy Before the Election: Meat & Dairy:  This summer’s severe drought has significantly decreased the cost and amount of available fodder for livestock causing many farmers to cull their herds.  While herd culling will create some downward pressure in the short run on prices it will be somewhat offset by the government’s plan to spend $170 Million on meat in order to give it away in an election year bid for more agricultural votes.  Even so, the next few months will be the time to stock up on meat and dairy.  Just make sure you can adequately store it if you don’t buy canned for long term storage.  I still talk economics with folks who claim there’s no inflation but consider these retail price comparisons provided by the USDA for the two years leading up to August 2012:  ground beef +19.5%, pork products excluding canned sliced +11.3%, whole fresh chicken +14.3%, Grade A eggs +24%, cheddar cheese +18.1% Veggies and Grains:  Again the drought is having a significant affect.  We’re still eating off of last years harvest but the futures markets are heating up and this year’s harvest looks like a bust.  In my area farmers are bringing in 5-10 bushel per acre (BPA) corn instead of 120-180 BPA and a big portion of the crop must go to ethanol production by law.  There are few certainties in life but the likelihood...

ZeroHedge on Quantitative Easing – Today’s Quote

There was one thing, ONE THING only that Bernanke could do, to become a gold bug’s best friend today, than merely announcing QE [Quantitative Easing] 3/4. It was to announce open-ended QE. This means [that] this is the Fed’s final shot and there is no way to frontrun the Fed any more by definition.  It means the terminal start of currency debasement is now here.  It also means that the path to all time nominal (and inflation adjusted) highs in gold, which is now just $160 away, silver, platinum, and all other metals, as well as all other hard assets is now clear.  It also means that very soon stocks are about to realize what soaring “input costs” mean for the bottom line. via ZeroHedge FacebookPinterestGoogleRedditTwitterTumblrEmailPrintPocketMoreLinkedInLike this:Like...

Rinehart on Becoming a Millionaire- Today’s Quote

There is no monopoly on becoming a millionaire…  If you’re jealous of those with more money, don’t just sit there and complain. Do something to make more money yourself — spend less time drinking or smoking and socializing, and more time working…  Become one of those people who work hard, invest and build, and at the same time create employment and opportunities for others. Gina Rinehart via World’s Wealthiest Woman Tells People to Stop Envying the Wealthy & Work Harder, Gov’t Officials Flip Out | TheBlaze.com. FacebookPinterestGoogleRedditTwitterTumblrEmailPrintPocketMoreLinkedInLike this:Like...

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