I try to read just about everything I can find concerning personal and family finances, not because I am a prepper but because I have responsibilities as a husband, father, and grandfather. As it happens, I am also a prepper and have been one before there was a specific term for the practice.
Finances remains one of the single most difficult aspects of our existence for preppers and for those who are not. One of the largest problems is that many of us, as a society, have a dysfunctional relationship with money. Modern society has been constructed largely on a mountain of debt, in large part that debt is personal. It comes from the concept that every person should shoulder a massive mortgage, drive a car that may not make a lot of sense, and, worse still, participate in everyday life by purchasing an absolute truck load of “things” that may not even be necessary. I am unaware of any public K-12 school that teaches personal finances as part of core curriculum. We require training and competence to carry a concealed weapon or to drive a car, but most of society is silent on the topic of personal money management. These problems are not small in nature; they are bright red flashing warning signs.
Lacking a rudimentary comprehension of personal finances, is it so unusual that our families and neighbors are mired in debt? Stated plainly, money is a tool and like any other tool it can be used in a wrong or inefficient manner. I have engaged others about money and what I believe are foundational aspects of preparing one’s self and family when society fails. What most readers of SurvivalBlog know, and other unaffiliated preppers have discovered, is that “prepping” is not a fad or something one tackles on a Saturday afternoon. This is a lifestyle and as such must touch every aspect of one’s life and outlook.
The recognition that a problem exists is a requirement before any individual can begin to solve a problem. Budgeting, managing debt, and investments are methods of gaining control of the financial problem(s) under which our family and friends struggle. We can do better. The books written by Dave Ramsey can assist. His straightforward approach to money management and debt have helped many. – 1Rifleman