Episode-1486- 20 Simple Prepper Steps Every American Should Take that Most Don’t — 12 Comments

  1. Love this: “What it actually requires us to do is simply think more like our grandparents and great grand parents and less like modern slaves”

  2. Yesterday’s and today’s shows are a fantastic way to round out the year. Thanks Jack for building such an awesome community. [You do good work for being a permaculture libertarian ranter (:]

  3. This is a really practical, thoughtful, and intelligent list.

    What got me started with a prepper mindset was experiencing a two week power outtage across a wide region in our state due to a severe ice storm. Widespread grid failure meant no gas stations, banks, grocery stores, or heat. It totally changed the way i thought, and made me realize how very dependent we were on a fragile system. and this list would have been a very helpful tool back then, and saved us some headaches. It is still useful now, and a good reminder to get a couple more tools in place.
    i am happy to say i have at least something in every area you mention here, so i feel i am on the right track.

  4. The thoughts of others
    Were light and fleeting,

    Of lovers’ meeting
    Or luck or fame.

    Mine were of trouble,
    And mine were steady,

    So I was ready
    When trouble came.

  5. I have to say, the last bit about the $300 was great. Im generally listening to these at night at work and that had me laughing pretty good. Thanks for bringing some humor into these podcasts.

  6. Hi,

    Liked this one. I’ve been focusing like a laser beam on my financial health and well-being so I’m concentrating on number 2,7,15,20 and 21. So thanks for those Jack. Anyway, while doing a bit of study on finances I came across some ratios I thought interesting and wanted to share.

    1. Liquidity Ratio: Ability to handle emergencies. Target 3-6 months.
    Liquidity Ratio = Cash or Cash Equivalents/Monthly Committed Expenses

    2. Asset to Debt Ratio: Determines what you owe vs. what you own
    Asset to Debt Ratio = Liquid + Non Liquid Assets/All current debt(liabilities)

    3. Current Ratio: Ability to service short term liabilities
    Current Ratio = Cash + Cash Equivalents/Short term liabilities

    4. Debt Service Ratio: Ability to make payments
    Debt Service Ratio = Short term liabilities/Total income

    5.Savings Ratio: Monthly surplus generated by total cash flow
    Savings ratio = monthly surplus/monthly income

    6. Solvency Ratio: Compares net-worth to total assets
    Solvency Ratio = Net-worth/Total Assets

    7. Investment Assets to total assets: Compares liquid assets held against total assets accumulated
    Investment assets to total assets = Liquid assets/Total assets

    8. Wealth Ratio: Make this ratio a part of my life and my life will change
    Wealth Ratio = Portfolio Income + Passive Income/ Expenses
    *Goal is 1 or higher

    Ratios 1-7 are from a blog (I don’t remember the source). The ratios are from notes I took from the blog. Anyway, Number 8 is from the Rich Dad Poor Dad guy. I find these ratios interesting because I’ve never heard of them until now and I think these may the most useful ratios to determine my financial resiliency. I would like to learn more about these ratios; if anyone has heard of them or used them before please share 🙂

    Anyway love the show and listen daily.


  7. I have been listening to this podcast for a while but never did any food or spending logs. I started today and the food one is much harder. I usually make my own lunches for work and just realized how much I have been eating. Spending one is much easier since i have receipts.