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November 20, 2008

How to Prepare for The Next Economic US Depression

Step1 Change your thinking. An economic change need not cause unnecessary stress to you and your family. Thinking more of the value of people instead of possessions can lead you in a positive direction.

Step2 Hold a family conference to discuss the economic status of your family. Compare the economic status of your family to the status of the country and of the world. Ask yourselves. "How are we doing?"

Step3 Trim your budget. Take a look at the expendable purchases in your budget. Eliminate purchases that are not absolute necessities.

Step4 Simplify your spending. Start now. Begin to do activities that require little or no money.

Step5 Store food and necessities for hard times. Depression could mean little or no money for food. Stock up on canned foods and non-perishable items. Things like rice, oatmeal, flour, sugar and oil are good staples to start with.

Step6 Start gardening. Indoor and outdoor gardens are beneficial.

Step7 Look up information on canning and storing food supplies.

Step8 Store extra medication.

Step9 Keep a little cash handy. In case it is your institution that may happen to be at a loss for your money when you need it.

Step10 Depression means higher unemployment rates. Sell unnecessary items for extra cash.

Step11 Acquire a job skill that will be in demand like plummer, handy man, electrician, carpenter, law enforcement, health care. These are services that will continue to be in demand in a depression.

Step12 Join a support group. A little support goes a long way.

Step13 Being Content Is The Key. Remember that life does not result from the things that you possess

And I would like to add step 14 Buy a Gun and learn how to use it.

Above all, Get Ready !!!!