Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Are you preparing for economic collapse?

Just wondering what anyone else is doing to prepare themselves for economic collapse in this country, if anything?
“A budget is telling your money where to go instead of wondering where it went.” - Dave Ramsey
«13456720

Comments

  • purch
    purch Posts: 9,865 Forumite
    There is very little the average person could do, to protect themselves against such an eventuality.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • tiff
    tiff Posts: 6,608 Forumite
    Part of the Furniture Combo Breaker Savvy Shopper!
    There is a lot people can do, I was just wondering how many have started consciously.

    For me I am:

    stockpiling food and other supplies

    growing fruit and veg

    researching and learning how to dehydrate food (takes much less storage space)

    paying back debt as fast as we can

    saving an emergency fund (slowly)

    researching how to store food long term

    converted my family to powdered milk so I can store a lot of it

    Things like that....
    “A budget is telling your money where to go instead of wondering where it went.” - Dave Ramsey
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    tiff wrote: »
    There is a lot people can do, I was just wondering how many have started consciously.

    For me I am:

    stockpiling food and other supplies

    growing fruit and veg

    researching and learning how to dehydrate food (takes much less storage space)

    paying back debt as fast as we can

    saving an emergency fund (slowly)

    researching how to store food long term

    converted my family to powdered milk so I can store a lot of it

    Things like that....

    Why are you preparing for virtual Amegeddan and also paying off your debts :D
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Eskimo12345
    Eskimo12345 Posts: 147 Forumite
    I'm just doing my best to keep the economy going, so have just bought a big telly, a new sofa, a set of speakers and also splashed out on a rather snazzy haircut.

    Spend your way out of recession!! :beer:
    I am not really an Eskimo. I can hear what you're thinking... "Inuit!"
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Yes I have gone the following courses.

    Breaking and entering (stock up on food easily and quickly)

    Digging for treasure (all those gold hiders)

    Also

    Preparing for the worst (what the point)

    The last one sort of made the fist two seem rather pointless.
  • tiff
    tiff Posts: 6,608 Forumite
    Part of the Furniture Combo Breaker Savvy Shopper!
    StevieJ wrote: »
    Why are you preparing for virtual Amegeddan and also paying off your debts :D

    First off I'm paying them off quickly in case DH is made redundant and we could then live on a lower income.
    “A budget is telling your money where to go instead of wondering where it went.” - Dave Ramsey
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    tiff wrote: »
    converted my family to powdered milk so I can store a lot of it

    Is that not murder and cannibalism.:confused:

    Whats the point of storing your family.:D
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    tiff wrote: »
    Just wondering what anyone else is doing to prepare themselves for economic collapse in this country, if anything?


    I don't think there is a need to prepare for it, others have already laid the groundwork, and its unravelling day by day.


    If you mean cope with...that's a whole different ball-game.

    I don't have debts to pay down.
    I don't have a mortgage to over-pay.
    I have a small-ish garden that will get its veggie patch doubled if I get garden leave - purely out of curiousity as to whether I have green fingers.
    However bad the economic collapse gets I don't subscribe to the collapse of society or infrastructure to the degree of needing self-sufficiency in food or milk.
    Being sensible with money, but not missing out compared to many.
  • jamespir
    jamespir Posts: 21,456 Forumite
    tiff wrote: »
    Just wondering what anyone else is doing to prepare themselves for economic collapse in this country, if anything?

    i dont think about it its just a complete load of poo thats been spun out of control by the media and suckers like you have fallen for it i live on a low income cause i was made unemployed but were surviving i dont need to stockpile anything ... if it happens it happens



    and as for converting your family to poweredered milk what are you stupid its three times more expensive than proper milk what next youll get your self a herd of cows and pasterising plant
    Replies to posts are always welcome, If I have made a mistake in the post, I am human, tell me nicely and it will be corrected. If your reply cannot be nice, has an underlying issue, or you believe that you are God, please post in another forum. Thank you
  • tiff
    tiff Posts: 6,608 Forumite
    Part of the Furniture Combo Breaker Savvy Shopper!
    Actually, its not more expensive

    38p per pint of fresh milk (Tesco 4 pints skimmed) versus 23p per pint of dried using Tesco value dried milk at £2.09 for 9 pints.

    ETA, just checked price on Tesco.com and dried milk is now £1.68, making it 19p a pint.
    “A budget is telling your money where to go instead of wondering where it went.” - Dave Ramsey
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.