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Friday, December 3, 2010

You mean there are only twelve?


12 Simple Things You Can Start Doing Right Now To Prepare For The Coming Financial Apocalypse

Yes, things are really, really bad. So what are some things that we can all be doing to prepare for the coming financial apocalypse?

Well, the truth is that we all need to start becoming less dependent on "the system". If the economy does completely fall apart at some point, your employer is probably not going to take care of you. Neither is the federal government - just look at what happened in New Orleans after Hurricane Katrina. In the end, you are going to have to take care of yourself and your family.

So are you ready?

Now is the time to prepare. If you wait until things totally fall apart it will be far too late.

The following are 12 simple things that you can start doing right now to prepare for the coming financial apocalypse....

#1 Become Less Dependent On Your Job

Many people define a job as the state of being "just over broke". The truth is that it is incredibly difficult to become financially independent working for someone else. Now, the truth is that most Americans would not be able to survive without a job, but what would you do if someday you suddenly lost your job during a financial apocalypse? Now is the time to start investigating alternate sources of income and different ways to build wealth. Today it takes the average unemployed American over 33 weeks to find a job. You may not always be able to count on being able to get a good job, and the economy is only going to get worse over the long-term. All of us should be operating under the assumption that any jobs we now have will someday be taken away.

#2 Get Out Of Debt

Some people disagree with this, but unless society degenerates into complete chaos or we experience Weimar Republic-type hyperinflation, the truth is that your debts are going to continue to hang over you wherever you go. Getting out of debt can be completely and totally liberating. It will give you much more freedom and will make you far less dependent on your job. In fact, it looks like a lot of Americans are already moving in this direction. It was recently announced that 8 million Americans have stopped using their credit cards over the past year. Why not join them? When things start really falling apart and it is incredibly difficult for anyone to get a job, the last thing you want is a huge amount of debt hanging over your head.

#3 Reduce Expenses

For decades, most Americans have been living far beyond their means. In the future, times are going to be really tough and we are all going to have to learn to tighten our belts. Do you and your family waste money right now? If you can eliminate that, you can live on a smaller income and you will have more money to invest in the things that are really going to matter.

#4 Purchase Land

Real estate is still priced too high in most areas of the United States, but the truth is that you don't want to wait forever to get your hands on a piece of land. If a "financial apocalypse" does happen, you don't want to be stuck in a big city with no place to go. You always want to have somewhere that you can "bug out" to. The U.S. real estate market is continuing to struggle right now, so hopefully prices will come down even more and there will be some really great deals available over the next couple of years.


Read more:
http://endoftheamericandream.com/archives/12-simple-things-you-can-start-doing-right-now-to-prepare-for-the-coming-financial-apocalypse

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