Preparedness Definition Preparedness refers to the state of being ready for a potential emergency or crisis situation. It involves taking steps beforehand to anticipate and mitigate potential risks and being able to respond effectively to any challenges that may arise. Importance of Preparedness The preparedness definition can mean many things to different people, but being prepared is essential for individuals, …
Precious Metals – Are they that precious?
Is investing in precious metals like silver and gold a good idea for most preppers? The answer will vary depending on who you ask, some preppers strongly advise purchasing gold and silver as a means of survival in the event of a total economic collapse, while others question how practical and valuable it would truly be in a post collapse …
Financial Preparedness for Doomsday and Other Disasters
While the likelihood of an upcoming doomsday scenario or an economic disaster involving the breakdown of our entire country’s monetary system (hyperinflation) is slim, there are plenty of personal financial disaster scenarios that can and do happen on a daily basis (unemployment, homes in foreclosure, overwhelming debt, etc). This article will focus on financial preparedness for these everyday situations. Statistics …