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Thread: How do you prepare for bad economic times with no money?

  1. #1

    Default How do you prepare for bad economic times with no money?

    There are many people here talking about preparing for another crash, but my question is how do you prepare when you have no money? I can barely afford food right now, so gold and silver seem to be out of the question.

    Does anyone have any suggestions for the cash strapped? I want to be prepared, not just for bad economics times, but because it is smart to do so.



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  3. #2
    Member Keith and stuff's Avatar
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    I recommend learning how to farm, fix cars, fix motorcycles, fix bicycles, and/or other trades. Perhaps build raised beds and a greenhouse. If possible, plant berry bushes on your property. If possible get some chickens.
    Lifetime member of more than 1 national gun organization and the New Hampshire Liberty Alliance. Part of Young Americans for Liberty and Campaign for Liberty. Free State Project participant and multi-year Free Talk Live AMPlifier.

  4. #3

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    The only thing you need to survive is food and water. Learn how to garden and buy a few chickens. Garden provides plenty of good food. Chickens lay eggs (good for protein) plus the chickens multiply to provide further food source.

  5. #4

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    Figure out how to provide as many people with as much value in circumstances likely to arise in the future.
    My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right, tend to be unwilling or unable to accept blame )

  6. #5

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    Basically, this.

    Quote Originally Posted by Keith and stuff View Post
    I recommend learning how to farm, fix cars, fix motorcycles, fix bicycles, and/or other trades. Perhaps build raised beds and a greenhouse. If possible, plant berry bushes on your property. If possible get some chickens.

  7. #6

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    Less is more. be creative.Everyone will be clinging to their useless possessions that can't fit in 1 briefcase...dont be that person clinging to more than a briefcase worth of items.
    It was too weird to live, and too rare to die - hunter s. thompson .
    ..this is the darkest timeline..

  8. #7

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    Exercise regularly. Cut out the junk food, cigarettes, and only drink booze occasionally.

    Your health is one of the best investments you can make, and it doesn't cost anything to make improvements.

    Being fit in times of turmoil is something you can't put a price on.

  9. #8

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    Your biggest concern will be keeping your domicile. If you cant make rent, you're out. If you cant make your mortgage payment, you're out. If you can't pay your property taxes, you're out. That means any gardening, ranching, or tradesmanship offered at the aforementioned residence will be toast as well. If you cannot get your pad secured by the time the SHTF, I would suggest moving in with a solid family member or close friend. Offer to help out in exchange.

    My personal goal is to have only property taxes to pay. That should buy enough time for any temporary SHTF scenario to ease over.
    Last edited by tfurrh; 04-23-2012 at 03:44 PM.
    "It's probably the biggest hoax since Big Foot!" - Mitt Romney 1-16-2012 SC Debate

  10. #9

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    I have the ability to run off to the middle of nowhere and live off my grandfathers old farm...

    But I live in Chicago instead, and as much as I want to run away I feel as though it's my duty as an American to keep fighting.

    My advice to you is make sure you have at least 1 gun you really like (that's easy to reload) and buy a lot of ammo, the rest really doesn't matter imo.
    It's just an opinion... man...

  11. #10

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    Move to a liberal neighborhood that shuns gun ownership. It will be a turkey shoot when the SHTF.


    Of course, I'm just kidding, I wouldn't do that...
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  12. #11

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    Quote Originally Posted by sluggo View Post
    Exercise regularly. Cut out the junk food, cigarettes, and only drink booze occasionally.

    Your health is one of the best investments you can make, and it doesn't cost anything to make improvements.

    Being fit in times of turmoil is something you can't put a price on.
    Very insightful and wise.

  13. #12

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    Quote Originally Posted by Danke View Post
    Move to a liberal neighborhood that shuns gun ownership. It will be a turkey shoot when the SHTF.


    Of course, I'm just kidding, I wouldn't do that...
    Of course you wouldn't, you don't have to move.

    Seriously though, I'm with tfurrh--that's the goal whether tshtf or not. A secondary goal would be to produce enough from the land to cover the taxes and the firewood (30 acres, lots of woods, and it's heated by an outdoor wood boiler.) Heck, it'd be nifty to be able to cover the propane & electric strictly from production off the land too. Of course, all of that is dependent on selling my house, then buying the new one.
    Well, I got Rand started on his campaign (just search around here to see). I advised Thomas Massie before he ran for Congress. I am currently advising 2 liberty campaigns for the state legislature. I ran the war-room and won Minnesota for Ron Paul a few weeks back. There are other things I'm probably forgetting.
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  14. #13

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    Quote Originally Posted by Keith and stuff View Post
    I recommend learning how to farm, fix cars, fix motorcycles, fix bicycles, and/or other trades. Perhaps build raised beds and a greenhouse. If possible, plant berry bushes on your property. If possible get some chickens.
    All good ideas. I would add learning the common welding methods so you can fix various damage around the house resulting from SHTF.
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  15. #14

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    Quote Originally Posted by Kluge View Post
    Heck, it'd be nifty to be able to cover the propane & electric strictly from production off the land too.
    Get Kludge on of these:
    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of apportionment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  16. #15

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    1. Health, as stated previously.
    2. Shelter is less important. From previous reading material, you may be forced to relocate, quickly.
    3. Connections, especially those in government.
    4. Government employment if possible.
    5. Fixing things, everyone will be fixing things. Doubtful fixing bikes will be helpful. Now, learning light trades (sheet rock, plumbing, electrical, automotive) to do your own repairs might be helpful.
    6. Planning, if required to move, where will you go? Family, friends...walk, hitch a ride?

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    /Preparedness.pdf


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  17. #16

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    people seem to be preparing for nuclear war... that's not how it's going to go down

    To prepare for the future, acquire skills, not things. Things can (and likely will) be taken from you, skills cannot. People who think that having money will protect them are wrong; no asset will be safe from this government's ravenous craving to deny the simple requirement of responsible financial behavior - a balanced budget.
    “If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen.”

    - SAMUEL ADAMS

  18. #17

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    What countries will be hit? I would think with this global economy most countries should fall like dominoes.

    So what currencies may be strong after the fall besides gold? I know this thread is about if you don't have money but figured I would ask anyways.

    "no asset will be safe from this government" you probably are right. When the SHTF the government may confinscate your assets and redistrube or just use them for their own welfare. If you got a good food storage the government probably knows about it if you paid with plastic or debit/credit. I have heard that if they think you are stock piling that they may keep track of you. Of course these are rumors. You will have troubles moving money out of the country if SHTF.

    You are probably right about having skills that will be needed. Just what will they be. I hear that farming will be one. Since there will be a food shortage more than likely. The trades like plumbing, mechanic, welder, etc... But what others do you think will be important.

    I hear having land that is good for farming may be more valuable in the future.
    Last edited by rockerrockstar; 04-23-2012 at 05:51 PM.

  19. #18

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    I am hopeful that we have 10 more years.

    My main goal is to buy a home with 1-2 acres for less than $40k, which is reasonable in east TN. I think I can have that paid off in ten years.

    In the mean time I plan to be cultivating the 1-2 acres with garden vegetables and some chickens. We will be canning the vegetables.

    I would like to have a natural gas well on my property along with an emergency generator that runs on NG and is hooked up directly.

    Hunting and fishing will be essential too. I would prefer to have my land adjacent to a large area of woods such as a state forest.

    These are some of my thoughts about the next ten years.
    In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the militaryindustrial complex. The potential for the disastrous rise of misplaced power exists and will persist. ~Dwight D. Eisenhower

  20. #19

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    3 most important future commodities are adaptability, endurance and luck.

  21. #20

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    You're a titan of insight. LOL.

    Quote Originally Posted by Noble Savage View Post
    3 most important future commodities are adaptability, endurance and luck.

  22. #21

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    Wow I appreciate all the insight. I'm hoping we don't get into a SHTF type scenario for another year or two at least. Any earlier than that and I am screwed.

    I'm actually actively trying to downsize my possessions as I have too many useless things lying around that I haven't looked at or used in years.

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    Quote Originally Posted by Noble Savage View Post
    3 most important future commodities are adaptability, endurance and luck.
    Lol , I am good then , LOL

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    When I was younger and my most inquisitive daughter would point to scars on me and asked what happened , I would tell her , and usually started out with ' I was lucky " , she would look at me , like she was not so sure I was lucky . I think she gets it now , I should have been dead .

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    Save enough money for a plane ticket and a passport.

  26. #25

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    There won't be anywhere to go, not that a first-world American would want to live, anyway.

    People, preparing for an end-of-civilization shock will impoverish you to no end. It's going to be a long, long slow grind downwards, marked by various local and regional wars - which a broke USA will not be able to keep under control - breaking out all over the globe.

    Any disruption to civil order will likely be relatively brief, although a month or two of that with a rough barely-ordered equilibrium afterwards is not out of the question.

    Your future is far more likely to look like Japan or Argentina, than some modified Mad Max scenario. Plan appropriately.
    “If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen.”

    - SAMUEL ADAMS

  27. #26

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    Buy a shotgun. Even if you have to sell something to get one, do it. Not only is it good for protection, it can feed you. They make shot to kill everything from small birds and rodents to large game. After that start stocking ammo and nonpersishable CHEAP foods (rice, canned goods, etc.). Do it as you can afford it, even if you only spend $10 to $20 a week. It's what I've been doing and I've got a nice supply now.
    Last edited by xFiFtyOnE; 04-24-2012 at 08:34 AM.
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  28. #27

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    Sound personal relationships, barter skills, trade skills, nomadic mobility. You'll be just fine.
    It does not require a majority to prevail, but rather an irate, tireless minority keen
    to set brush fires in peoples minds! Revolution is Action upon Revelation!

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  29. #28

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    The most important thing in life is WATER, then FOOD. If you don't want to end up being a refugee dependent on the Govt., you need to secure WATER & then FOOD.

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    Quote Originally Posted by ctiger2 View Post
    The most important thing in life is WATER, then FOOD. If you don't want to end up being a refugee dependent on the Govt., you need to secure WATER & then FOOD.
    This. Don't worry too much about being able to afford gold and silver, if you can't get clean water and food, you're dead. Learn to grow food in your yard. Oh and learn to shoot!

  31. #30

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    Quote Originally Posted by ctiger2 View Post
    The most important thing in life is WATER, then FOOD. If you don't want to end up being a refugee dependent on the Govt., you need to secure WATER & then FOOD.
    "It's probably the biggest hoax since Big Foot!" - Mitt Romney 1-16-2012 SC Debate

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