How to Survive a Financial Collapse

A financial collapse could lead to massive changes in our lives. This page will help you be prepared. Read on to learn how to survive a financial collapse.

A financial collapse could lead to massive changes in our lives. This page will help you be prepared. Read on to learn how to survive a financial collapse.

Introduction

  • In a total financial collapse, society as we know it will be fundamentally altered. The dollar may become worthless, infrastructure that we rely on to provide electricity and transportation may disappear. People will need to look locally to meet their needs, and will be forced to become more self-reliant.

Step 1: Shelter

  • Housing is a fundamental human need, so you'll want to make sure you have a place to live.
  1. Try to pay off your mortgage.
  2. Keep your house in good repair.
  3. Invest in improvements that will help you live off the grid, such as solar or wind power.
  4. Plan in advance for a place to go in case you can't stay in your house or apartment.

Step 2: Food

  • Stockpiling food and water will help you survive in the short term, but to become self-reliant in the long term, you'll need to be able to produce your own food or barter with neighbors.
  1. Begin a garden.
    1. Even if you don't have land, there are many crops that can be raised in containers on a porch.
    2. Consider crops that store well, such as winter squash and potatoes.
  2. Store seeds in addition to canned goods.
  3. If you live in a rural area, consider raising chickens for eggs, and goats for milk.

Step 3: Safety

  • Civilized behavior can break down in times of collapse. You'll need to be prepared to protect yourself and your family.
  1. Electronic security systems may not function, as there may be no one monitoring them, and no electricity to power them.
  2. Place secure locks on all windows and doors.
  3. Guard dogs may be a deterrent.
  4. If you are comfortable with firearms, you may want to keep a gun in your home for protection.

Conclusion

  • When thinking about times of financial collapse, think back to the way our ancestors lived before the global economy as we know it was established. You'll need to be prepared to take charge of providing for your family's basic needs yourself.


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