grenfell wrote:DustyDog wrote:I agree with all you have said J23, prepping is about preparing for all eventualities, financial included, so your comments are welcome on this thread.
Do I take it that J23's post has been removed because for some reason I can't see any comments from him on financial prepping?
As it happens I tend to think that if I was starting over finance would be top of my concerns. Get some savings to one side allows greater freedom of action with preps of all kinds and gives one the ability to adapt to situations. With that sound base then one can start thinking about food and water and so on.
It was removed due to fact I wrote the truth

more about my financial ideas here:
viewtopic.php?f=14&t=9910
say what you want. At the moment I am in financial hole, and need to use my savings just to meet ends as salary is not enough. But I DO HAVE SAVINGS. maybe it is boring and not as entertaining as learning to shoot bow, buying 4x4 just to drive around town or snaring rabbits but it is important to have savings. I would say at least 3 to 6 times your monthly spendings (mortgage/rent, bills, food, traveling costs etc) as emergency fund in easly accessible form, for example bank ISA even if it is bad profit it is easly accessible in normal times, without it if something wrong happens (illness, broken leg, loosing job) you can still cope. IMO it is stupidity to buy expensive gear "just in case shtf" if you have no savings for normal life or to pay for it with credit card.
Just my idea of prepping - hopefully it won't be deleted this time
my aim is to get to 5k of emergency fund which should cover all our expenses for 3-4 months in case we both lose jobs or 8-9 months maybe more if one of us loses job as if needed we can live for 1.3k for a month or even less. begging for benefits would be probably last thing I would go for and as long as I could cope for I would cope for on my own