There is plenty that can be said about being prepared in life, ready for anything the universe might throw at us- climatic extremes, economic hardships, general societal unrest, or graboid incursions for example. At the same time there must be moderation and balance in our preparations. The other parts of our lives cannot be neglected, not just yet at any rate. While there may come a day when we can walk away from jobs, house payments, credit card bills, and soccer practice, today is not that day. There has to be preparation without panic, and without interfering, financially or otherwise, with our “normal” lives.
Preparing for an uncertain future can be a daunting task, especially for those just beginning. There are infinite resources online listing everything you could possibly imagine that needs to be done, learned, practiced, and procured for the unknown that lies ahead- a weekly shopping list for the grocery store that will eventually amount to a year’s worth of stored food, expert recommendations on the calibers of weapons that should be on hand, how much ammunition you will need for the rest of your life and your children’s lives, the proper ways to store water, wash your clothes with a plunger, and brush your teeth. Wondering where to start? First, don’t panic.
Start with an empty notebook. And start at the beginning, with the basics- food and water, shelter and warmth, and protection- I’ll go into these more in my next post.
Before you start buying and storing you have to back up a step and take an honest look at your finances and budget. This is really another topic in and of itself, but it must be addressed. If you don’t have money to spare, you can’t prepare. The funds must come from somewhere, and if you don’t have a budget, you need to make one and add a line for preparation costs. The LDS website is one of my favorite resources for preparation. They have a great food storage list, recommendations on how to start your pantry, they even sell storage foods, and most important they offer sound advice on getting a handle on finances and debt. Suffice it to say that most of us are under the illusion that we live in an affluent country, that we all have excess wealth, and in our strong economy things will always get better. The truth is that most of us are in debt well beyond our means, and will remain that way. Our economic system is broken and teetering on the brink of collapse and our personal debt is an integral part of it. We are subjects of the state, under economic servitude, bound by a system of economic neo-colonialism. Be that as it may, a budget must be made and funds allocated for preparation.
So take a look at the LDS link above. Lay out your finances in front of you, and create a budget. Figure out how much you can allocate to this new life insurance policy you are about to create. Once you have a solid number in mind, it will be time to look at where the money should go.
More recommendations for some light reading…