10 Elements of Practical "Prepping"

A friend of mine was telling me recently how she was concerned because her father has become hooked on shows and literature surrounding the topic of "doomsday prepping". At first I didn't see the big deal. What's the harm in keeping some canned food in the basement? We could all learn something from these "preppers", couldn't we? Well I finally got around to watching the National Geographic show "Doomsday Preppers" and I immediately understood her concern.

The whole concept of "doomsday prepping" is based around the idea of a complete collapse of society due to some cataclysmic event. It's a mentality that is fueled by anxiety and often hatred toward a particular group that these individuals deem as their biggest threat.

Despite these concerns the show did get me thinking. After seeing the chaotic aftermath of Hurricane Katrina and Superstorm Sandy, and the impact of long term unemployment after the market crash in '08, there is something to be said for maintaining a reasonable level of preparedness.

Regardless of what it is that is most likely to affect us, there are practical steps we all should take to help minimize the risk and disruption of such events.

1) Savings Account
The first step toward preparedness, and something that is almost never mentioned by "preppers", is having a healthy savings account. I think "preppers" often ignore this because they're usually focused on preparing for a doomsday scenario. Realistically though, income disruption due to job loss, disability or natural disaster is a much more likely scenario. Most experts recommend having at least three months of savings at any giving time. Most of that should be in an insured savings account; however, it is also a good idea to keep at least a couple of weeks worth of cash on hand in a secure location in the event that a disruption compromises your bank account or limits access to your funds.

2) A Well Stocked Pantry
Whenever a storm is predicted in my area, and I'm sure many other areas, people flock to the grocery store to stock up on groceries. Save yourself the hassle and keep a well stocked pantry to avoid the last minute rush. Now there is a lot of marketing out there for kits costing upwards of thousands of dollars for pounds and pounds of survival food. Spare me the freeze dried spaghetti, please! We should purchase food we will actually use and rotate it out. Don't forget the bottled water or a water filter.

3) Basic Supplies
Every home should always have basic supplies appropriate to their area such as flashlights, batteries, a first aid kit, back up cooking methods, cleaning supplies and simple hand tools. If it's affordable and an available option generators and wood stoves can help add additional comfort, especially in cold climates. It wasn't all that long ago when a fire place or wood stove was considered a necessity in a northern home. Given the uptick in severe weather resulting in extended power outages, this may be a feature worth adding if you can. A small boat or blow up raft should also be considered as well for flood prone areas.

4) Documents and Records
Disaster or not, it's a wise idea to keep tangible copies of all essential records in a secure location. This should include birth certificates, marriage certificates, deeds, titles, insurance policies, wills, trusts, etc.

5) Cyber Security
We also need to make sure we're not too complacent with digital records. The unfortunate reality is hacking and cyber terrorism is an ever growing threat and could feasibly turn out to be the modern battlefield. Make sure to download your most recent account statements as they become available. If your bank or investment accounts are compromised this could end up being the only way to prove what you had in the event of a discrepancy. Also, create strong passwords and change them regularly.

6) Home Security
Many of these "Doomsday Preppers" love to show off their home artillery. While I consider the use of weapons for home defense to be a personal choice, it is not a decision that should be taken lightly or made without some serious practical education. Even the military puts the most elite soldiers though what is known as the "S.E.R.E." training program - an acronym that means "Survive, Evade, Resist, and Evacuate". Engaging with the enemy is seen as a last resort. For homeowners in some states, it's even the law. There are many practical deterrents that we can use to protect ourselves and our property such as home alarms and defense sprays before resorting to deadly weapons.

7) Awareness and Education
Even if we stock pile thousands of dollars worth of food and supplies, we still need to have practical knowledge and skills. Not everyone is handy with a hammer, but everyone should have some general awareness of their home, how it functions, and what to do if something goes awry. Whether living in an apartment or a house we should all be aware of what type of HVAC system we have, what kind of fuel it uses and how to shut it down in an emergency. Vents, drainage, roofs, exterior doors and the immediate perimeter of the building should be kept as clear as possible. House numbers should also be clearly visible from the street. Most importantly, if utilizing a generator or other back-up energy sources we must be sure to educate ourselves in their proper use to avoid potentially fatal injuries. Hunting, fishing, gardening, self defense and wilderness survival are also practical skills that would be useful in the more extreme cases where long term survival became necessary. Or, even if we found ourselves unexpectedly in a survival situation as two young snowmobile enthusiasts in my area recently did.

8) Housekeeping and Organization
There is nothing worse than fumbling around through clutter looking for flashlights. While almost no-one can keep their house clean at all times, having a reasonable level of organization will help reduce stress when faced with an unexpected disruption. Stock piling supplies won't do much good if you don't know where anything is!

9) Vehicle Prepping
The possibility of having to respond to a high risk situation can occur not only at home, but also while on the road. First, try to keep the gas tank above half full so you'll be prepared if a power outage knocks out electricity to all of the gas stations in your area, or a quick evacuation is necessary. Also, keep some basic supplies in your vehicle such as snacks, blankets, flashlight, flares, and a first aid kit.

10) Conclusion - Keep it Simple and Practical
The "Doomsday Prepping" approach can seem extreme and overwhelming and may discourage us from taking any action at all. By focusing on realistic scenarios and breaking down preparedness into simple tasks we can better formulate a practical and personalized preparedness plan. Focus on the free stuff first, such as organization and compiling important documents and then do the rest, such as obtaining supplies and stocking the pantry gradually and as you're financially able.

Alos, check out other available online resources, but be wary of those trying to cash in on hysteria. There are some great checklists and tips available from the CDC, the Mormon Church, FEMA, and The Red Cross.

For a quick and more specific check list of things you should be considering, visit my new "Practical Prepping Check List".


Be Well!
Nicole

31 Days of Living Well and Spending Zero - Days 17 - 31

October is over and so is the challenge! Days 17-31 were packed with some great ideas for avoiding spending. A few highlights...

Day 17 - Free Halloween Costumes: I was certain that my daughter would insist on a Disney Princess costume for Halloween this year; however, when I suggested she make use of her dress up clothes and go as a fairy princess she was all for it! While I certainly can't guarantee that children will always be this agreeable, I think often times we adults assume our children want store bought things when they're already happy with what they have.

Day 22 - Sell your stuff: If you're in need of some extra cash take some time to look around and see what's worth selling. You'd be amazed at what people will buy. Even odd little nick-knacks can fetch a few bucks on e-bay. It adds up quick!

Day 25 - Try Bartending (ooops Bartering): Okay, when I was doing the challenge I misread this one. It's supposed to be bartering, but my eyes read "bar tending" (I was thinking they made a typo and formed it as one word). Anyways....I like both. 

Let's start with bar tending. Now I'm not much of a alcohol drinker, but I am a big drinker of coffee and coffee related beverages. Now if you're like me you know that buying these beverages can be a major budget buster. Unfortunately espresso machines are not cheap. There are however some great alternatives. At my house we use a Bialetti Moka Express Espresso maker that can be used on the stove top and purchased usually for less than $50. This along with  a wand-type milk frother, which can be found for less than $10, has saved us a lot of money. Want the coffee shop atmosphere? Turn off the TV, throw on some jazz or acoustic music and dim the lights. Voila!

Now for bartering.... I like bartering because not only can you save some money but it's also social and can be very rewarding. I've had several great bartering experiences. I once traded snow tires for a Nintendo Wii. Last year I dog sat in exchange for having an antique doll house refurbished. More recently I traded my old saxophone for a really nice electric piano. If I hadn't arranged these barters I'm fairly certain I would not have the electric piano, and the dollhouse would likely still be in disrepair (I since donated the Wii). 

Day 27 - Free Family Activities - This is one of my favorites because it echos one of my top pieces of advice which is, instead of buying something - do something! Whether it's a quiet day at home, playing games, going on a hike, bike riding, or finding a local event with free admission there are many ways we can have fun simply by spending time together. Mall dwelling should mostly be avoided. Shop when you actually need something, not as something to do!

Day 30 - Plan for the Holidays - Thanksgiving and Christmas are fast approaching, and if you're like most of us that means some inevitable expenses. Everyone feels differently about the appropriate amount to spend during this time of year, so I'm not going to get into a lecture about what you should or should not buy. The important thing is that we make a plan. Make a list or mark on a calendar what will be purchase, when and the estimated cost. If you're hosting Thanksgiving start buying the non-perishables now. Appropriate planning will help reduce a lot of unnecessary stress and allow us to enjoy this festive time of year.

A special thanks to the Living Well, Spending Less blog for this fantastic challenge!

Be Well,

- Nicole

31 Days of Living Well and Spending Zero - Day 16

Days 8-16 of the challenge were primarily about cleaning and organizing. I am a big fan of cleaning and organizing as part of a holistic financial wellness plan. It can be easy to forget what is shoved in the back of closets. As an example my daughter has become really interested in board games recently. Remembering that we had some board games collecting dust we took a trip down to the basement where she found the game "Clue". Would you believe it had never even been played?!? I don't even remember how we came to acquire it! Thus something that was collecting dust became a found treasure for my daughter.

It can be easy to have a knee jerk reaction to run out and buy a new game, toy, piece of clothing etc without stopping to take stock of what we already have. What about you? Have you ever been cleaning or organizing and been thrilled to find something you forgot you had?

31 Days of Living Well and Spending Zero - day 7

Ok, so maybe I won't post every day. Anyways, I'm back to post about my family's progress toward the zero spending goal. So far it's going very well. I don't have any non-essential spending to report. We did end up doing a rather large grocery shopping on Saturday at the club store we belong to, but that being said we stayed focus on buying only essential ingredients and avoided snack food and beverages.

Day 4: The homework for day 4 was, "plan a meal swap" with the main focus being to cook in bulk. We don't really have anyone locally that we can practically do this with, so we opted to not participate in the swap but definitely did take on the recommendation of cooking in bulk. We've done this before and we're always glad we did. It's also one of the reasons we went to the club store. on Day 4. We stocked up on large quantities of meat and produce which facilitated the created of several portions of Potato Leek Soup, Shepherd's Pie and Pot Roast with fixings. What I liked best was that last night instead of rushing through making dinner I was able to come home, pop the pre-made Shepherd's Pie into the oven and then enjoy a game of Candy Land with my daughter. Not to mention there was far less clean-up after dinner.

Day 5: Day 5 was "eat out at home" day. We haven't done this yet, but I definitely plan on trying the home made Frapucinos!

Day 6: Day 6 was "get a free education" day. This goes back to my #1 money saving tip - "instead of buying something, do something. Personally, I'm working on building my skills on the two musical instruments I play. I'm also taking some time to brush up on my industry knowledge using the free classes available on Coursera. My husband will be back out in the woods hunting next week. Whatever it is, whether the re-invigoration of a once favored pass time or taking up something new by not wasting our days shopping we will find that we have much more time to build more fruitful skills.

Day 7: Day 7 is for "Week 1 Reflection". So far it's going really well. Personally, I'm not a big shopper to begin with. I loath shopping actually, but there are still silly little ways we all waste money even if we're not mall dwellers. I think for my family the biggest realization was that we have to do a better job meal planning, and also to stay away from the coffee shops. We love our mochas, but not enough for them to be a line item on our budget.

The next two days are all about cleaning the house. While I appreciate the gesture, the author of the blog hosting this clearly does not work a 9-5 like I do. Hauling out the house in the middle of the week doesn't exactly fit my lifestyle. So, I'm going to work that in where it works best for me. My husband and I actually did a pretty big cleaning a couple of weeks ago, so I might come up with some alternatives for the next couple of days. Stay tuned!

Be Well,
- Nicole

Mindful Spending

Defining Necessity

I remember talking to my grandmother once about her childhood and what life was like. At one point she made the observation that if a family lived today the way her family did, they would probably be considered poor. They did not have television or computers. They didn't eat out, have cell phones or go on elaborate vacations. Yet they certainly didn't consider themselves poor.

We have to consider how much our definition of necessity has changed. The average family budget has a lot more line items than it did even just 25 years ago. Yet it seems that most of us never stop to think about these additions and what really improves our lives. Instead, we just sign up because that’s the status quo.

Homework time!

I want you to write up a quick list of all of your discretionary expenses. These are those items which are not necessities but are paid on a regular monthly basis. We’re looking for items like cable, internet, cell phones, gaming subscriptions, gym subscriptions, club fees, memberships, etc.  Don’t worry about coming up with exact figures for how much you spend on each, just a rough number is fine.

Now think about something that you have wanted to buy or do. Take a look at that list. Do you really want those things as much as you want whatever it is you think you have not been able to afford?

This is all about mindful spending. We spend hundreds of dollars a month on services and subscriptions that may not even be that meaningful to us. Are people going to laugh at you because you downgraded from a smart phone to a flip-phone or dump cable? From experience I can tell you that yes, they probably will. But, if you’re finally are able to budget in that yoga class, you’ll have the last laugh!

The bottom line is, when we start appropriating our money to the things and experiences we actually want we often find we are better off then we may have realized. We were just nickel and diming ourselves in all the wrong places!

Wealth Shame

How do you feel about people with money? I'm not talking celebrities, but people that you know who are doing really well, drive nice cars, have nice houses, own the latest technology, etc. Do you feel like they're greedy? Do you figure that they must be workaholics and neglect their families?  Do you assume they must be taking advantage of people, or that they must be doing something unethical for them to have the lifestyle that they have? 

Some might call this jealousy, but I see it more as a feeling of shame. There are several possible sources of this. This seems to happen a lot to those of us who grew up in more low to middle income, blue collar families. There is a part of us that might feel we are snubbing how we grew up if we desire a different lifestyle. Maybe your parents were laid off frequently or unfairly denied bonuses or promotions. Perhaps someone you care about got caught up in a scam or was taken advantage of in some monetary way. Or, maybe your grandparents lost a sizable portion of their retirement savings in the stock market. 

If these types of experiences are what we're familiar with, people with money will often feel to us like predators. We may also find that even if we are able to overcome these feelings and events, that our loved ones may not be. They may accuse us of being materialistic or workaholics when we strive for or obtain more wealth. 

It's important that we then understand that if our loved ones do struggle with this, it is not about us. They have likely been hurt or feel discouraged with their own circumstances. In these cases when these conversations come up, it's best if we try to be sympathetic and not argumentative. We should try to avoid defending ourselves and instead redirect the conversation in a positive light. 

For example, if we mention to someone that we're going on a vacation or buying something nice and they make a comment along the lines of "must be nice" a good response would be to acknowledge what went into earning that vacation. We could reply with something like "yes, I've been saving for months" and then try to change the subject. It communicates that we're not ashamed of our success and that it wasn't handed to us. 

We should also be mindful to gauge our audience and to consider if we might be doing too much bragging. We deserve to freely celebrate our accomplishments, but if we're always rubbing our awesomeness in the faces of others (especially those who are in unfortunate circumstances) our behavior can come off as conceited rather than joyful. It's all about finding that balance between embracing our success while also remembering that there are those who are not so fortunate.

Another situation we might find is that if we tend to be empathetic, we may have a difficult time enjoying our success if we know others are suffering. We end up seeing wealth as a shameful thing because we view prosperity through the lens of "someone had to lose out for me to gain". We're constantly hearing horrible stories of poor working conditions, child labor, industrial accidents, famine and drought. It's understandable that we have these feelings when we consider all the ways in which people are exploited for others to have monetary gain.

First and foremost we have to have a reasonable acceptance for the things we can not control. Whether or not an individual purchases a particular item is not going to change a society or a company. This doesn't mean we should disregard our ideals, just that we need to keep perspective about our role and impact in the larger economy. 

With that in mind we should consider how being in a more financially secure position can allow us to advocate for the causes that interest us the most. The most important votes we make are often those which we cast with our dollar. The economy works on the basic principal of supply and demand. The more individuals demand ethically produced goods, the more they will be produced. However, the goods which are the most ethically made are often times some of the most expensive. Being in a better financial position allows us to support the companies with the best practices. 

Also consider how it would feel the next time a friend is in a bind, a natural disaster occurs or your favorite charity is looking for a donation. Instead of sighing and having to turn away, wouldn't it be great to make that gift or donation? Being in a good financial position can be very empowering in this way when we understand the positive impact we can have on other people's lives and that having wealth is not all about taking. 

Overall, when we find ourselves making judgments about those who are wealthy it becomes very difficult for us to allow ourselves to be prosperous. When there is this part of us that disapproves there will also be a part of us that's always going to resist obtaining wealth, because we see it as a negative character trait. We don't believe that we can ever have with those people have because we assume that they're doing something negative to obtain what they have. We throw our money away on the presumption that you can never have what they have because we would never do whatever horrible thing it is that we presume they've done to obtain their wealth.

This may also be reflected in our career. We might keep our standards low because we think that being an executive or entrepreneur is not a realistic goal for people "like us." We might stay in jobs we don't like for too long because we think we should learn to just be happy with where we're at. We hold ourselves back unnecessarily when we limit our vision for ourselves. 

The bottom line is we have to remember we are not abandoning our friends and loved ones simply because we desire or obtain wealth. It's a fact of life that some people do well financially and others do not. As long as we are humble and generous there is no reason for shame.

Be Well! 
- Nicole