Listen up and learn how to snowball your debt and get rid of it using Dave Ramsey’s “Debt Snowball” method as well as the investment strategy best used in survival.

Related Blog Post: how investment strategies change when you are a survivalist

Discussion:

Debt, What is Debt, and How to get out of debt

Debt is a trap and money not what it used to be

Become debt free using the debt snowball

If you can’t pay cash, don’t buy it

Credit cards

Student loans

Car payments

Medical bills

Cash Savings, How to save cash and budget for it

Small attainable goals

Emergency Cash, 200, 400, 500, 700, 1200, 1500, 3000

Get rid of groupon and livingsocial

Pay attention to cheap vs value

Resilient Investment System, What to invest in

Stocks

Bonds

Land

Precious Metals

Cash and Bitcoin

Typical advice:

diversify (which isn’t really diversifying)

and ride out the bubbles in hopes that it will come back

Some less fragile advice

Tangibles: land, skills, health, tools, metals

Local community

Cash Flow, Get the Most Cash in and the least cash flow out

Make more money and spend less

Reduce your Utilities cost

Electricity

Gas

Water

Trash

Phone/mobile

Internet

Cable

Time is king

Budget it!

Financial advisors that are not trained to sell products by their institutions.