ECONONOMICS AND FINANCES
Today, let’s talk about
your finances as if economic collapse matters.
It would seem that all of us think economic collapse is already here (
and we are just waiting for the water to overlap the deck of the Titanic ) or
it will be here any time ( as in, months to single digit years rather than
decades ). Yet, how many of you conduct
your financial affairs as if this is the case?
I can hear you all mumbling now, “well, I’ll just enjoy the good life
until I can’t”, or “I can’t disrupt my life too much or the Old Lady will kick
my ass”. And that is pretty much the
standard attitude. Hell, those are MY
attitudes. But if the ass falls out of
the economy tomorrow ( as opposed to civilization collapse-the difference is
that with an economic collapse you can still buy food if possible even if there
are no jobs and with a civilization collapse you can’t get food shipped to you
no matter what. They will merge one into
the other but here we speak of the initial pre-die off phase ) I have all my
ducks in a row. Do you? Or are you still encumbered with debt and an
untenable location?
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We’ve talked about this
many times before, as I imagine we’ll discuss it a few more times ( perhaps-I
really do think we are mere months away.
Although, truthfully, this is based on little more than a fear factor
inspired on increased instances of remembering cataclysmic dreams whereas prior
I haven’t recalled ANY types upon wakening for many years ). You can’t be living the American Dreamscape
of all encompassing debt if you really believe economic collapse is nigh. You don’t just wake up one day and all the
banks are closed and the angels dart from behind clouds and a beautiful chorus
is bellowed out about the Jubilee arriving.
No, reality is that you lose your job first, there are no others, the banks and creditors strip you of your
ability to live beyond a bare ass savage existence, THEN and only then do the
banks close up and the ghettos vomit forth their brand of savage who are a lot
more scarier than your unshaven unkempt malnourished tent under an overpass
living sad sack-ness.
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How shackled are you to
your obligations? You can leave tomorrow
if you wish? I’m not talking about
emotional entanglements, but legal ones.
You may love the pay or security of the job you hold now ( I can’t
imagine very many like the work itself or the layers of idiots you answer to )
but could you leave it tomorrow if you changed your mind? More importantly, if THEY changed their minds
and laid you off. Or are you stuck in a
mortgage with two vehicle payments and college loan obligations? If your job disappeared tomorrow and you could
get no other, could you escape your current location? This isn’t just an amusing wargame you play
as a prepper. Not anymore. To my mind this is the reality right around
the corner. Of course, yes, I could be
wrong and the can is kicked down the road some more. I don’t see that myself-the Fracking Industry
which was responsible for most of the last eight years of reprieve is imploding
now. We might very well be at the cusp
of the EROI energy critical threshold ( some calculate the global average is
under 10:1 which in anyone‘s book is bad ), whereas before things barely worked
with almost enough energy inputs and suddenly there isn’t quite enough even for
that.
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I don’t think the Dow
Jones or the bond market or waiting for a critical signal in the demise of the
petrodollar or any other “flashing light indicator” is going to warn you in
time. I think that one day the system is
smoking and clanging and noisily crawling along and the next it just all goes
to crap. You didn’t get to time the
housing bubble popping ( whether you were aware of the danger or not ), so what
makes you think you can time this collapse?
If you don’t act prior, you won’t be able to act after. Not this time ( if you disagree with this, I
can’t change your mind. I’m acting pessimistically
and you are optimistic. The twain shan’t
ever meet ). You really should be “three
days early rather than three seconds late”.
And it isn’t difficult at all. It
might be uncomfortable, but it isn’t hard.
Living without food is hard. Living
without a McMansion or a SUV is merely uncomfortable.
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Anyone can find cheap
shelter. You don’t even have to leave
your present job. You just need to
decide to downsize. If your mortgage is
$1500 a month, giving that up and moving into a travel trailer in a park is one
third the cost, with a storage space included ( sell all your expensive house
crap to buy the used trailer for cash ).
If you locate that trailer in a park close enough to work you can bike
and give up a car payment. Suddenly, you
are saving half your income whereas before you were in the red every
month. Then, when your junk land payment
is complete you can move the trailer out to it while you build a better
shelter. Then you can survive on a
casual income. See what no rent/mortgage,
no car payment and no debt can do for you?
There is no need to get into debt to live free in the country ( and “living
free in debt” is an oxymoron ), all you need is to downsize. And, no, a trailer isn’t mandatory. When I was in Florida renting out my mobile
home rooms ( which almost paid the payment and lot rent ) we had a married
couple as renters. They were the best we
ever had, single men being a whiny worthless lot. For one third the cost of most other types of
rent, they lived in town on grid near jobs.
They just had a much smaller space.
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They just had to decide to
make a short term sacrifice. You think
it is too hard to give up a car? For the
cost of insurance alone I could have had a unlimited bus pass ( I didn’t want
it because it was faster to bike-and this was in Florida with heat, humidity
and always getting rained on ). Now, why
would I want to go back to a motor vehicle?
A bike is how I get my cardio and it costs me under $100 a year in
replacement parts. Why do you have a gym
membership when you could save money by NOT having one, and NOT having a car,
but by having a bike. Yes, of course,
some areas are dangerous on a bike. Not
for long, as an economic collapse will do wonders for road congestion. But I’m not saying YOU must have a bike. It certainly works for me. You can bus or walk-believe it or not there
are plenty of fully functional people who don’t own a car. And they can afford to live on half
hours.
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This stuff isn’t rocket
surgery people. It is called living
below your means. Now add to that living
below your perceived future means.
Done. Simple.
END
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*Contact Information* Links To Other Blogs * Land In Elko* Lord Bison* my bio & biblio* my web site is www.bisonprepper.com *wal-mart wheat
*Link To All My Published Books
* By the by, all my writing is copyrighted. For the obtuse out there