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Are you preparing for economic collapse?

tiff
Posts: 6,608 Forumite


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
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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.'0
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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 Ramsey0 -
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'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 Thatcher0 -
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!"0 -
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.0 -
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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.0 -
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 plantReplies 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 you0 -
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 Ramsey0
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