What Can We Learn from the “Doomsday Preppers”? – Guest Post
We all probably know someone who believes the end is nigh: They’ve stocked up on canned goods, stuffed a “bug-out bag” with essentials and plan to meet up at an undisclosed location should society crumble in on itself. You might roll your eyes at these so-called “doomsday preppers.” After all, they’re just being paranoid, right?
Well, maybe the preppers have the right idea when it comes to conserving resources and saving money. What can we learn from these end-of-days survivalists about making the most of what you have on hand? Here are five great tips for saving money courtesy our beloved anti-establishment brethren.
1. Reconfigure Your Space
You don’t need to build a fall-out shelter, but take some time to reevaluate how you’re using your space and whether you can downgrade comfortably. With mortgage rates on the rise and a recovering real estate market, now might be the time to downgrade into a smaller and more manageable space. If the kids have gone to college or you’re graduating from college, now would be a great time to reduce your payment for living space.
2. Stock Up & Save
Coupon clipping has become all the rage, even beyond the prepper circles. There’s no need or excuse to pay full price for groceries and other essentials. With the abundance of Internet coupon sites, weekly circulars and store specials, you can stock up now and save thousands of dollars per year on your grocery budget. You won’t need to buy 10 gallons of powdered milk to see the benefit of stocking up. Filling your pantry with non-perishables will help you save money over time and also give you a backup for those winter months when the power may flicker.
3. Invest in Precious Metals
You don’t need to be an economist to notice that the American dollar is weak. In fact, currency has taken a dive around the world in the last few years. Precious metals like gold, silver and platinum remain strong. Many doomsday survivalists invest in gold and other natural precious metals because they believe that when society collapses these metals will become currency. True or not, you should invest in precious metals. Regardless of the stock market or the state of the world’s economy, gold is always good.
4. Recycle More Than Cans
You might already be recycling cans and bottles, but turn it up a notch and start recycling clothes, household goods and old electronics. This doesn’t mean you need to rush off to the nearest thrift store and donate these items. A simple search online reveals hundreds of crafting sites dedicated to recycling old, unused items around the home. You can save hundreds of dollars per year on your clothing budget alone. Get your kids on board by letting them redesign their older siblings’ clothing into hand-me-downs they actually want to wear.
5. Eliminate Debt
“Eliminate debt” seems to be the mantra for nearly ever financial adviser across the country, but it’s age-old advice that always rings true. Whether the end of the world is nigh or far away, eliminating debt will lift a heavy burden from your shoulders and allow you to focus on saving money elsewhere. That $200 credit card payment every month could go towards a college fund or tropical vacation. Doomsday preppers eliminate all strings holding them to their current situation so that they can bail at a moment’s notice. Psychologically speaking, eliminating your ties to the debt industry will have the same effect.
The end of days may or may not be upon us, but we can still learn something about surviving from these folks. In an uncertain economic climate, it pays to be frugal. So the next time your friend or relative starts decrying the end of civilization as we know it, sit him down and ask how he plans to stay calm and carry on. You’ll probably pick up some great tips on how to eliminate your debt, stock up on essentials and survive any upcoming apocalypses.
Ken Myers is the founder of Longhorn Leads & has learned over the years the importance of focusing on what the customer is looking for and literally serving it to them. He doesn’t try to create a need, instead he tries to satisfy the existing demand for information on products and services.