Bartering When the S Hits the Fan and Stashing Cash

When it comes to prepping we all think in time frames, a week, 3 months and a year. An economic collapse is not like a terrorist attack or an earthquake, an economic collapse has so many variables that there is no simple checklist you can go through and be completely prepared.

This article might be a little unorthodox because it’s about being the SHTF or post collapse entrepreneur, but hang in there and it will all make sense.

The second part of the article is about whether or not your money is safe in the bank, and some unique places to stash your cache.

Listen to Episode 105: The SHTF Entrepreneur

Everything we talk about when it comes to preparing for an economic collapse is reactionary, but this is one of the disaster scenarios where we have at least a little say in how it turns out for us. An economic collapse or depression type event could have different consequences for each of us.

When we think of an economic collapse we tend to think worst case scenario, but what if it looks like the 2008 scare which affected some people more than others? Or what if it is a long term depression like the one in the 1930’s? Keep in mind as your read this, I think an economic collapse will look like the depression…just a whole lot worse.

When Life Gives you Lemons…

We’ve all heard the saying “when life gives you lemons make lemonade right? Well in a situation like this you are going to have more lemons than you ever wanted. Surviving is about having the ability to pivot when it’s necessary, and do what it takes to put food on the table.

On paper you probably have enough supplies to last anywhere from a month to a year depending on how much you have stored, but what about those situation we just can’t prepare for? And what happens 6 months down the line when your supplies and money are beginning to run low?

This is when our true survival instincts kick in. I’m not talking about eating bugs and building a fire, I’m talking about the same skills we use today when we are trying to balance our budgets and pay everyone that has their fingers in our pockets.

In a recent podcast about investing in gold and silver we talked about how we can make an economic collapse work in your favor as much as possible. As preppers we have the opportunity to hedge our bets…a little insider trading if you will. Most people will be caught off guard, but we (the crazy prepper) study what this might look like in order to become better prepared for it.

When Push Comes to Shove…

Think about the great depression, unemployment and crime were at unheard of levels, but most people didn’t revert to killing other people for food, most people did what it took to survive. To some people it was working odd jobs, and to some people it was the black market.

I’m not necessarily talking about illegal activity here because let’s face it, there will still be laws, and quite possibly many more restrictive laws. I’m talking about selling the goods and services people will need in a collapse scenario,