How To Be Prepared For An Economic Collapse

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Do you know how to be prepared for an economic collapse? If there was ever a time in the history of the world we need to be ready it’s today, not tomorrow. I’m not a doomsday prepper, but I will tell you one thing, we have to put together a plan as part of our strategy to be properly prepared and do so as soon as possible.

My gut is telling me to shout from the rooftop to get ready for something this country hasn’t seen in many years. If you are sitting on the fence about getting food storage, water, emergency cooking devices, fuel, paper products, emergency toilet supplies, an emergency washtub, and many more things, (I will make a shortlist today), JUST DO IT! Remember, I do not list weapons, this is a family-friendly blog and so is my book. Prepare Your Family for Survival: How to Be Ready for Any Emergency or Disaster Situation And by the way, I will not skin a squirrel and eat it. Just giving you the heads-up here.

How To Be Prepared For An Economic Collapse

When it comes to being prepared for an economic collapse, most of us don’t remember WHAT to do. Instead, when the time comes we are likely to panic if we aren’t properly prepared. I want to avoid that and give you the tools now! These tools can help all of us survive an economic collapse.

Withdraw Liquid Money

Be ready to withdraw any liquid monies before an economic collapse happens because within a week or less (if we lose electricity you will not have access to any funds via ATMs, checks, or monthly income deposits, for who knows how long). This is scary because we do not want a run on the banks. This means everyone runs to the bank to withdraw their money and the bank can’t stay open if this happens. Of course, if we have a cyber attack you won’t even have time to withdraw any money. Period. I’m talking about an economic collapse here.

Get Out of Debt

The truth is that you need to get out of debt as soon as possible. You may be asking why, but the less debt you owe, the less issues you can have with creditors. Plus, it’s a lot easier to prep when you don’t own money to anyone.

Prepare to Pay Home Property Taxes

Be prepared to pay home property taxes because the government can and will take your home if they are not paid (yep they will be the proud owners of thousands if not millions of homes if the property taxes are not paid). It makes you realize how much control our government has with the property taxes we owe on OUR homes.

Keep Cash in Small Bills

Keep cash in small bills ready to use in your home in a safe secure place. If the banks are closed for days, weeks, or months, the money you have in your home will be your saving grace. Your monthly deposits from income will not be available if the banks have zero electricity. They will be unable to take or disperse any funds. Those ATMs will not work without power.

Read More of My Articles  Emergency Supply Checklist We All Need

Stock Up On the Right Foods

Stock up on food you will eat, lots of it, here’s a checklist that I designed that may help: What Do I Have: basics like honey, sugar, flour, baking powder, baking soda, and spices so you can make meals from scratch. I also have: Where Do I Start

Grab Recipe Books

Go to thrift stores and get old cookbooks with recipes you would like to make. The internet will not work if we lose power. Have several hard copy cookbooks available as references.

Learn to Bake

Learn to make bread or crackers. If you know how to make these teach your neighbors, they will need to learn this old-school skill, I promise. If you do know this skill, then start showing everyone around you!

Store Water

Store more water than you have ever dreamed of storing. By the way, when you fill your containers use a lead-free hose made after 2007 like this one: NeverKink 8612-50 5/8-Inch-by-50-Foot Boat and Camper Hose

Get Soil Ready to Garden

Get some soil ready to garden, you will need to produce your own food, please do it NOW. Please get some garden tools, you will need them. Seeds are needed as well. Check your local garden nursery for plants/seeds that you can grow where you live.

Store Fuel

Store fuel such as propane (outside), inside your garage, or shed you can store charcoal briquettes (without the starter fluid), lump charcoal, clean pine cones, and wood scraps. Please store them in air-tight containers so they will last longer. I use 5-gallon buckets with Gamma lids. Gamma Seal Lid Variety Pack – 6 Colors and 5-gallon buckets 5 Gallon White Bucket & Gamma Seal Lid – Food Grade Plastic Pail & Gamma2 Screw Seal Tight Lid (Red) I also store butane fuel 12 Butane Fuel GasOne Canisters for Portable Camping Stoves

Epic First Aid Kit

Put together a first aid kit like no other one you have put together before. If the stores are closed you need to have the items you use every day or occasionally. Here’s a list: First-Aid-Kit-Checklist-Printable Please add your favorite items to my list and get as many as your budget allows. Check expiration dates. Think of economic collapse.

Don’t Forget Prescriptions

Prescriptions, this is my biggest fear for those with life-threatening illnesses and diseases. Ask your doctor if you can purchase a 90 day supply, or even a one year supply. Yes, forget about insurance companies, you may need to pay cash for some prescriptions.

Read More of My Articles  How To Have Clean Underwear After A Disaster

Passport Update

Make sure your passport is current. If you need to flee the country, you will want to have your passport ready to travel. In an emergency, your passport isn’t going to be updated by the government.

Learn Proper Skills

Do whatever you can to learn the skills you could trade for food or water like sewing, cooking, gardening, etc. You should always be willing to learn proper skills.

Stay Physically Active

Stay physically active. Strengthen your body, get out and bike, walk or swim, just do it. We will need our bodies to be strong and healthy. This is never something you should slack on either. Your family needs you to be physically fit for any obstacles that might come your way.

Paper Products

Stock up on paper products like plates, cups, and napkins because we will want to use our water for drinking and our fuel for heat or cooking and not for the dishes. Get plenty of plastic utensils too.

Invest In the Right Tools

Invest in cooking devices to boil water and cook meals like a Lodge Dutch oven Lodge Camp Dutch Oven, 6 Qt that you can use outside with some charcoal. Get a Sun Oven if you have a lot of sunshine. All American Sun Oven- The Ultimate Solar Appliance Camp Chef has a great stove/oven combination Camp Chef Camping Outdoor Oven with 2 Burner Camping Stove you can make pancakes on top and bread in the oven. I purchased one of these for all four of my daughters: Camp Chef Butane 1 Burner Stove with Camping Case

Stock Up On Hygiene Items

Stock up on shavers, soap, shampoo, dish soap, laundry detergent, bleach, etc. Don’t forget to get a clothesline, clothespins, and a washtub/board or make my emergency washing machine with 2 six-gallon buckets and this awesome tool: Ball Clothes Washer Portable Washing Machine Our fabulous electric washers and dryers may not work for days, weeks, or months without power. I better start lifting weights, just saying.

Be Prepared

Please be prepared for the unexpected. The question is not if, the question is when we have an economic collapse. God bless you and your family.

Final Word

The truth is that you cannot overprepare for economic collapse. You have to do things now so that you’re prepared later. Some of the items on this list may seem like a lot of work. However, it’s the people who do the hard work that are prepared. The next time you’re thinking about how to prepare for an economic collapse, you have these tips to lead you in the right direction. May God Bless this world, Linda.

28 thoughts on “How To Be Prepared For An Economic Collapse

  • October 30, 2016 at 12:56 pm
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    Why do you recommend having a current passport in an economic crash or cyber attack?

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    • October 30, 2016 at 3:14 pm
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      Hi Peggy, I recommend having an updated passport in case I have to free this country. Many people are moving out of this country right now. I’m in huge prepper groups and they no longer feel safe here. Linda

      Reply
  • October 30, 2016 at 2:08 pm
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    Great stuff, Linda. I sense urgency here, and I agree. Thanks for another great post!

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    • October 30, 2016 at 3:15 pm
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      Hi Eric, thank you for your comment, I really do have a sense of urgency right now. May God bless all of us! Linda

      Reply
  • October 30, 2016 at 3:42 pm
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    One thing that I think almost everyone has not thought about is sewage!!! This is a HUGE problem!! Our neighbors will be trying to flush toilets and very very quickly the sewage is going to back up!! Our home is on a corner and the sewage substation is in our backyard! We all have basements and a house that has that kind of damage will not be liveable. I have heard people talk about how sewage will back up into the toilets, sinks, showers , tubs, everywhere there is a hole that drains water. Even the clothes washer hose. My question is this, what can we do to keep that from backing up into our homes. Especially people in apartments will be very susceptible to this. I’ve heard of getting the squeeze balls and stuffing them into every single “oraphas” in your home but that is all. I can’t wait to see what you suggest. This has really been scary thinking. About.

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    • October 30, 2016 at 4:00 pm
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      Hi Michelle, this is one of my biggest concerns as well. I know if the power is out NOT to use any water faucets, toilets, tubs, washing machines etc. BUT I doubt some of my neighbors know this. I am going to call my plumber friend to find out what we can do. I won’t use mine, but yikes your neighbors “stuff” may flood your home. Let me check this out. Linda

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    • October 31, 2016 at 12:51 pm
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      Hi Michele, I called my water department and sewer departments in my St.George, Utah (Washington County) area today. Here’s the deal with the location where I’m located. The water will continue to run through our water lines as long because they are gravity driven. NOW, once the water runs out of those they have backup generators to pump water to our home. BUT once the generators run out of fuel they will not work obviously. Now, the woman said that different cities share water or fuel as needed. Okay, that’s fine but if we have a complete grid down we will all be out of luck. I would check with your local city or county but I’m betting its probably the same. Now, let’s talk about the sewage. I had to talk to the person in charge of the county, he was very helpful. He said that most cities, subdivisions, etc. have what’s called a lift station to pump the sewage out of the subdivisions. The city typically places them in the LOWEST part of the area. When and if they overflow the sewage is channeled from this lift station into a tunnel that goes to a specific area away from the subdivision. The sewage would not come up into our houses, he said. I would call your local sewer department to get the location of where your lift station is located in your area. The guy told me as long as I am ABOVE that location I would be fine. I thank you again for this question! Hugs to you! Linda

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      • January 10, 2021 at 1:20 pm
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        So what if you’re not above that location?
        Jim Phillips talks about this and many more critical facts about sanitation. Worth a look.
        How much more important is this on economic preparedness than 4 years ago!
        Thanks for all you’re doing!
        Just ordered a camp chef outdoor oven from your link today!

        Reply
        • January 10, 2021 at 1:57 pm
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          Hi Dave, you are so nice, thank you for using my link, you are awesome. I have a Camp Chef Outdoor Oven, it’s awesome! Make sure you look at the adaptors, mine came with only a tiny adaptor for the small propane cans. I bought the large adaptor piece so I can use my larger BBQ size propane tanks. It works great for baking bread or casseroles. I also bought a griddle that fits on top for pancakes or grilled cheese. Life is good! Linda

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          • January 10, 2021 at 3:06 pm
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            Life is good……!
            I for sure will get an adapter.
            Thanks again

          • January 10, 2021 at 4:30 pm
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            Hi Dave, it’s funny because my Camp Chef Stove/Oven came with a small adaptor, but my friends bought one a few years later and it came with the larger adaptor. Linda

  • October 30, 2016 at 6:23 pm
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    whoo hoo for Linda, my friend. How are things? I am so glad you are still on your soap box for something that is terribly important. There are a few things I would like to add to your list as you know I have been doing this for sometime now and I eat, sleep and sing ideas of how to survive without our precious electricity.
    Immediately go to the 2nd hand store and purchase as many of the water filter containers as possible. They will only be a few bucks at most. Then go and purchase as many of the filters that you can afford. Make sure the container and the filters are the same brand. THIS will be most beneficial as we may have to use rain water from our outside rain containers. We can only live three days without water. Keep all the water products in one place, as well as your first aid close by to grab in an emergency. Know your outside plants as THEY can be used as well. i.e. Plantain. It grows wild in every yard that we have probably tried to kill at one time or another not knowing the plant is a miracle plant. duh. Read about it while you still can. Get your bug out bag and fill it up with things you need to stay dry, eat, drink and pretend you are going to have to camp out with nothing for the next three weeks. This should give you an idea of what to take. It is time for us to grow up, look up, and stand up for what we believe in. Put away your smart phone for the love of God and get prepared. They will be no good when the SHTF. We now know that there are United Nations military on our soil at this moment. They are from other countries and many do not even speak English. Possibly because OUR military would not be trusted to do what the UN Military will. If you see them coming down the street grab your bug out bag and head for the forest, do NOT allow them to take you to a FEMA camp. Never! Remember the small bills as you do not want to pay $20 for a loaf of bread. If your readers need to know more about these things they should go to https://www.youtube.com/channel/UCVxYHHMK9DcnMup3t2A15qg or https://www.youtube.com/channel/UCuNfok7ozooi0LZgp6JJS4A or https://www.youtube.com/channel/UC7dkMoe_i-xfdkf0uMIMsWA or https://www.youtube.com/channel/UC4SH8rh0OjYV3zwqnIfqNbA or https://www.youtube.com/channel/UC2mV9iRa_9y_oXTHFH1ihgA or all of the above. Depending on if you are spiritual or just want the current news that the media is not telling us. There is something for everyone. Once the elections get even closer you may want to prepare to see the internet go down. And I gotta end this with a note to all the Christians and non-Christians because I have made a promise to God, my Father. This, my friends, is a spiritual war that is happening right here, right now. Without sounding crazy or over the top religious, as I am not either, I just pray every day that you will be prepared for the worst and pray for the best. Read!!!
    PREPARE
    Much love to all,
    Vivian

    Reply
    • October 31, 2016 at 5:59 am
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      Hi Vivian, your comment is music to my ears, my friend! I am adding your entire comment to my post. As always, I thank you from the bottom of my heart. God bless us all, Love you, Linda God bless our world.

      Reply
  • October 31, 2016 at 4:10 am
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    I bet if you’re starving you’ll skin and eat a squirrel or a cat, a dog, a possum or anything else you can catch.

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    • October 31, 2016 at 5:54 am
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      Hi Practical, I bet you are so right! I’m hoping I can keep my garden going to keep from eating a squirrel, cat, dog or possum! I love your comment! Linda

      Reply
  • October 31, 2016 at 12:19 pm
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    If you live in the country, have a septic and a well, clean your house. If civil unrest, or an emp goes off, there will be family that you won’t be able to turn away. Organize everything that you can find to organize. It is easier to do it now. Also, have extra blankets and possibly air mattresses.

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    • October 31, 2016 at 12:56 pm
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      Hi Janet, I have got to add your comment to my post! Great tip!! Linda

      Reply
  • November 1, 2016 at 6:37 am
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    This should be without saying for all believers, but step up your prayer life. None of this is too big for God!

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    • November 2, 2016 at 3:15 pm
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      Hi Janet, you are so right we need to step up our prayers. Hugs! Linda

      Reply
  • July 24, 2017 at 5:32 am
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    This really points out some things I hadn’t thought about… or was aware about. It scares me a little, but I can definitely see it happening in the future.

    Reply
  • August 17, 2017 at 9:59 pm
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    As a very long time believer in allowing people to live safely in their home, I
    value your post. Sadly, many individuals today would prefer to take the easy soution and recommend
    a nursing home for their aging loved ones. I have actually tweeted a link to your blog site and bookmarked
    the website.

    Thanks again for your quality article.

    Reply
    • August 18, 2017 at 8:21 am
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      Hi Expert Home Safety, thank you so much for the Tweet and your kind words. It’s people like you that keep me going. Thank you from the bottom of my heart, Linda

      Reply
  • May 4, 2020 at 4:53 am
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    Thanks so much for this article. I got a lot out of it. I don’t think many people are in a hurry to get this done when things could collapse and day now. Just hope people take it seriously and change their habits.

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    • May 4, 2020 at 9:31 am
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      Hi Gem, I sure hope people take this CV seriously and get prepared for the future. Linda

      Reply
  • September 17, 2020 at 10:13 am
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    I wish you luck trying to convince a majority of Americans about this. Too many of them are addicted to living for now.And not preparing for the future. Too many people are addicted to living beyond their financial means. None of them want to drive a car for eight years after it’s PAID OFF. Or living in the house they were born in. No one wants to not care about what a movie star wears anymore.

    Reply
    • September 17, 2020 at 11:47 am
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      Hi Elbert, I totally agree with you. Or they want food stamps and want to live off the government in low-income housing that our taxes pay. So many kids have not been taught how to work but some have so we can’t discount that either. If we can get rid of ego and we can get rid of debt. Who needs a new car, a new house, the latest watch, the latest tablet or laptop. My one and only car is 12 years old and I’m asked a lot, why don’t do you get a second car? They say “I could never do what you and Mark do with only one car.” We don’t even think about it, we don’t need two cars. One car works for us, and we rarely eat out, because I can cook better than the restaurants. You know what I’m saying live beneath your means and it’s okay! Linda

      Reply
  • June 20, 2021 at 11:09 am
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    Hello, Linda,
    I have tried to access your pages titled ‘Where do I start?’ and the printable first aid kit list. They both give me this:
    https://10e.d5c.mwp.accessdomain.com/wp-content/uploads/2016/10/Where-do-I-start.pdf
    The page is completely blank. I tried to download it, and the download is also blank. Where can I get my hands on these lists?
    Thank you for the information that I am able to access. I find it very useful, and hope to implement as much of it as I am able to. I do have family that might find themselves looking for a place to go, and I might just have the place they are looking for.
    Martha

    Reply
    • June 20, 2021 at 1:42 pm
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      Hi Martha, oh my gosh, thank you for letting me know. The links are working now. I’m not sure what happened. I fixed “Where DO I Start?” “What Do I Have?” and “First Aid Kit”. Thank you so much!!! Linda

      Reply

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