Today is an episode of TSP Rewind, commercial free versions of past podcast episodes.
Today’s episode was originally, Episode-2443- Financial Strategies for the Modern Survivalist and originally aired on May 21st, 2019.
The following are the original show notes from that episode
Today we are going back to one of the fundamentals of modern survival living, that is financial management and debt elimination. Economics and the reality of unfunded liabilities, the national debt along with everyday financial worries is the number one reason people get into the preparedness lifestyle.
Sometimes it is from a practical approach but just as often it is panic and fear based. Today we set aside panic and establish a base of common sense and pragmatic techniques to build, preserve and protect wealth.
Join Me Today To Discuss…
- The number one wealth killer – poverty consciousness
- The number two wealth killer – consumer age thinking
- The number three wealth killer – false optimism and or pessimism
- Why debt is cancer and must be eradicated
- Why saving is more important than investing for most people
- The lessons of alternative energy
- Start with increasing efficiency (income)
- Reduce losses (spending)
- My rules for truly becoming financially resilient
- Increase your economic IQ – daily for a year at least
- If you want to believe education is an investment, you should treat it like one
- Save money, determine what you can save, then do a bit more
- Reduce expenses in small ways, put at least half of it away
- Create additional income (business, second job, more hours)
- Save money (cash on hand, cash in bank, CDs, bonds)
- Become a land owner on some level
- Put some money into silver/gold (5% of NW)
- Put some money into bitcoin/crypto (a little each month or quarter)
- Become a producer of food, yes, really
- Plant trees
- Buy the best you can afford once vs. cheap every few years
- Become highly skilled at fixing your own problems
- See opportunity everywhere because it is everywhere
- Become a great cook
- Invest in only what you understand and only when it makes sense
- Get out of the way of telegraphed punches, yes time the market
- Pay off all debt asap, I know I said it before and I will keep saying it
- Become adept at using Excel, it never lies
- Final thoughts – The game is rigged, it is a big club, you are not in it! But you can still win the game.
Resources for today’s show…
- Follow Life With Jack on Instagram
- Join the Members Brigade
- Join Our Forum
- Walking To Freedom
- TSPC on Discord
- TSPC Group on Telegram (group chat)
- TSPC Telegram Channel (just messages from me)
- Jack on Flote
- Jack on MeWe
- Join Me on Odysee
- Buy Crypto Safe and Easy on CoinBase
- My Favorite NoKYC Crypto Exchange CoinEx
- SOE Tactical Gear – Where I get all my cool shirts
- Get the Exodus Wallet
Jack’s Upcoming Real World Events
- Flote Fest – Apr 29 – May 3rd
- Exit and Build – May 13th – 15th
- Self Reliance Festival – June 11th – 12th
Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon.
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