I’ve come to terms this week and come to a couple of conclusions. That as a survivalist, prepper, or whatever you want to call me, I am not financially prepared for a large or even mid-size emergency. I used to be prepared for the midsize emergency, had no debt other than a car payment, and life was good. That was several years ago. Today, I am a living example (in my humble opinion) of a paycheck to paycheck lifestyle that I am trying to emerge from.
I do count myself as lucky, however, as there are many people today without a job at all. Many of those same people do not have the prospect of a job, either, and that saddens me. In fact there are days I sit at my desk and ponder if there is anything I can do to help those without jobs that want jobs. I half joke with my friends that “if I could get out of the technology business (20 years is a long time to be in any business) that I might…” But that is where it stops. I really do not know what I would do. But if there were a way to connect people, and help create jobs for the jobless that would be cool. I’m not thinking like a “headhunter” or anything like that. But I think there is a unique opportunity somewhere to help others to get back to some sense of normalcy, or their version of normalcy, mind you.
I have helped several friends identify new companies to possibly go to work for this year, some of them were hired. It seems that since 2008, I have been connecting people periodically to potential employers, and when they get hired, it feels good to know that I helped someone better their situation. I don’t want props for it, as I mentioned, I think there is a unique opportunity in this economic situation somewhere.
Okay, I have drifted off the point, as I usually do. I have read blogs on being financially more stable in the event the SHTF. In fact I have read books on personal finance, etc. Admittedly, I have many friends that are financial advisors, and don’t really take advantage of them the way I should… I am not comfortable giving friends money to manage… I would rather it be someone I do not know on a personal level but a business level. I have to get on top of this. I have to get the two credit cards I no longer use paid off as well… That will come. I just paid another one off, giving me a little more liquidity to drop into the other debt I have to get it paid off…
All of this said, I have a theory after reading, watching, and listening. This theory applies to me, and me only because I only know my situation. Based on my experience, to be solvent (in the black), out of debt, money in the bank for roughly a year, and to purchase some backup currency (silver/gold, not sure which yet, probably silver or junk silver to start), I need to generate an additional 30,000 in 2011 to feel comfortable in 2012. This doesn’t count a little fight I am having with the state currently because of an IRS Audit I had for my taxes a couple years ago. That is my first priority going into Dec. 2010, and into 2011…
I may be posting more financially focused posts in the next couple of days, but since 2011 is right around the corner, if you (we) have not focused on finances and improving our financial situations in the coming year, now is the time to talk about it.
Feel free to comment.