Here are some of the recommendations you can learn about in this video:
- Get out of debt (particularly high priced debt like credit cards - not so important for mortgage debt).
- Have an evacuation plan organized ahead of time with your family and friends - call someone who lives in a different area and offer reciprocal support if either one of you needs to leave where you are. Don't rely on mobile phones.. they may stop working!
- Have a 48 hour pack (I would suggest 72 hour) of essentials to tide you over in the case of emergency, and have it ready for every member of the family to throw into the car at a moment's notice (including medicines). If some calamity precipitates a mass exodus, the best place to be is at the front of the traffic.
- Get to know the people in your local community! (We keep hearing that great advice over and over)
- Have a few months supply of food and water stored (or a water purifier on hand, preferably the mobile sort).
- Keep some cash on hand - as happened in during the Great Depression a Bank holiday (where you suddenly have no access to your accounts) could be announced at any moment as the economy goes down. Those with ready cash will be the ones best able to access the last supplies of food, medicine and other essential resources.
- Put a little extra (if you have it) into tangible gold and/or silver assets (rather than paper derivatives).
- Grow some food, even if its just a tomato plant in a container on your balcony. By giving it your best shot, you will learn important skills.
- Learn a practical skill while you can... your job could evaporate in the blink of an eye. Choose something useful that you could do for other people in a hard times economic situation - it could become the thing that tides you and your family over.
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