The Poor Woman's Survival Guide

MONEY
Home | ARMAGEDDON | WHERE TO STAY IN AN EMERGENCY | WHAT VEHICLE SHOULD YOU HAVE? | COMMUNICATIONS EQUIPMENT | SANITATION | WATER | FOOD STORAGE | FREEBIES | PETS | MEDICINE | THREE DAY PACK | FAMINE | WEAPONS | HUNTING FOR FOOD | MONEY | REDOUBTS | CLOTHING | PRECIOUS METALS | VICES | ICE CHEST | HEAT

Regardless of the nature of any future emergency you will need at least some money to survive.

In order to survive any emergency you will need money.  If it is a short term emergency then you will not need much money.  If it is a long term emergency you will need more money.  Credit and debit cards may not be useable.
 
During any emergency inflation will be rampant.  For example, people who have a large amount of drinking water in storage, or the ability to sanitize the available water, will demand a high price for their water.
 
You say that you cannot save any money for an emergency.  You say that all your money goes out for present needs.
 
I know millionaires and people living on Supplemental Security Income (SSI).  The majority of millionaires are struggleing to keep their heads above the financial waters.  Most are living beyond their means.  Many of the people living on SSI are doing quite well.
 
What makes the difference?  Money management.  Most millionaires believe that the money spigot will be open to them indefinetly.  They are careless with the money they invest (does the name Bernie Maddoff mean anything to you?) and they do not watch where they spend the rest of their money.
 
In todays economic environment one day the millionaire is living in a cozy mansion and the next day they are on a street corner with a tin cup in their hand.
 
The people on SSI usually are able to squeeze every last value out of each dollar.  They know how to get government benefits (food stamps and such) and most do not live beyond their means.  In order to live below their means many are homeless and are living in cardboard boxes, shelters, or their cars.
 
If you cannot save any money now how will you survive the future when you may have no money.
 
How can you save the necessary money to survive a short term emergency?  Do what I do.  Save your pennies, nickels, dimes, quarters, half dollars, and dollar coins.  Put them in a container and when the container is full seal the container and put it away.
 
Why coins?  Coins will survive almost any disaster, including most fires.  Paper money can be destroyed by almost anything including moisture and fire.  Paper money has another disadvantage, temptation.
 
Most people are aware of how much money is stored if it is in paper currency and paper money is easier to spend.  If their money is in a variety of unrolled coins and stored in sealed containers it will be more difficult to spend and they will be less tempted to access the money.
 
How can poor people put away money for a long term emergency.  They can't.  After they have put away enough money for short term disasters then the erosion of their savings by inflation will offset their saving.
 
Put money away for emergencies anyway.

Enter supporting content here