Feb 10 2015

How To Survive an UK Economic Collapse

How To Survive an UK Economic Collapse

Is it really possible to prepare and survive a UK economic collapse? 

pile of £20 notes

You can get yourself ready and prepared to weather through this economic disaster

We call it Preppernomics. 

I’m not a doom and gloom merchant, but the writings been on the wall for some time now and there’s no sign of it getting better.

But for the purpose of this exercise you have to get somewhat concerned and consider a financial collapse as being a very real threat to the break down of society.

Is the British pound safe? Are the banks you keep your money in safe? Is our financial system foolproof?

Just a few simple questions that should make you think ‘what can I do to prepare for a potential financial collapse’?

So how would a UK Economic Collapse effect you?

sharesYou may be one someone who already lives off grid – if you are, I envy you. The rest of us have to live with the day to day worries that are always based around money. Which is, without a shadow of a doubt, the main problem.

The problem is everyone is to busy trying to make money and working overtime to make more money. Then you put that money in a bank and feel secure – you have become a slave to the whole money making, financial system..

Is all that effort really worth it? 

Well, lets face it, is your job secure? What about you house – who’s to tell that your mortgage isn’t about to go up? And prices will rise, that’s a gimme.

However, if you’re already prepping for long term survival, then you already have the preparedness mindset. You are geared up and aware of the possibilities of various disaster scenarios that could easily effect you and your family.

Anything from civil unrest, blackouts and the like, right down to a simple personal SHTF situation like a holiday gone bad. I’m sure you’ve got them covered.

But what is the most likely catastrophic event that could affect your life?

What is that something that will be able to stop you in your tracks and grind the whole country to one big massive halt? In one fail swoop and without claiming millions of lives at the same time?

It is the number one event that most preppers fear – it will only take a matter of minutes to start the ball rolling and once started, it’s almost impossible to stop.

We are talking global economic collapse.

money going down a drainA failure of the financial system, bringing down the entire world as it falls, is a very real possibility as we venture into 2015. A grand scale economic collapse is nearer now than its ever been.

Preppers have all the disaster bases covered and UK economic collapse needs be one of those as well.

Just like all our other prepping it just takes a bit of thought and planning – something us preppers are pretty good at eh….

Brace yourself for a crash course in Preppernomics.

As a prepper, you have already made some pretty interesting and drastic changes to your basic mindset and lifestyle.

You already have the edge over most other people. You know the ones, they just wander around believing the BS that’s fed to them by the media and the politicians.

The ‘sheeple’ as we know them [sheep/people], will be 100% reliant on others to help then survive when the SHTF.

For a prepper, weathering an economic collapse should be far easier than the sheeple, but there are still some quite radical changes that will need to be made to you lifestyle in order to ensure you make it through unscathed.

The key to successful economic survival

What is you financial position right now? If it’s good, then your at an advantage already. But still pay attention to the following basic rules.

If you are already suffering from the recession and the downturn in finances, then pay attention to the following suggestions.

There are some very real indicators to your economic survival. But in reality you will find that you actually need far less and can survive on far less things that actually cost less than you realise!

If a UK economic collapse were to happen, what would be your priorities?

Well, firstly lets have a look at what necessities really are….

 kids on iphonesIs it really necessary for every member of the family to have an smart phone? What sort of money are you paying for that then..?!

Do you need two cars? Do you need the full Sky package? Do you even need Sky at all?

What about the kids – do they really need a separate bedroom!

They are neither a necessity or a priority..  

In an economic meltdown your money is useless and will buy you nothing of real value. What is a necessity and your main priority is having the basic essentials to ensure you survive.

essentials like the following:

Absolutely everything that is above the basic necessities is a to be considered luxury.

So, by using this definition, what luxuries do you have?

Of course, it goes without saying that some of life’s luxuries are much more important than others, but based on your lifestyle you might also consider an awful lot as secondary luxuries rather than actual necessities.

But there are ‘wants’ and ‘needs’, of which a lot of your secondary luxuries are simply ‘wants. You really don’t ‘need’ them. They are just there…

Excluding food and general health items, transportation, your work clothing, a computer and an internet connection are luxury items, but generally need for everyday running of your life.

Some electrical appliances, [not all] also fall in the ‘need’ category, as does your mobile phone. However, you are the only person who can make that decision as to ‘are these luxuries items’ and which others fall into the secondary necessities.  

You have to be truly honest and brutal with yourself and go ahead and differentiate between the “wants”,  and even the “I really enjoy having this” and also  “the kids will complain if they hav’nt got one” from your very actual “needs.”

You will definitely have to make some drastic and brutal cuts.
  • What financial things can you change about your lifestyle?
  • What area of your lifestyle can you reduce expenditures?
  • You can absolutely, definitely, positively reduce your bills by hundreds monthly.!!  
Right now your saying “I can’t” – that’s what everyone says.

The thing is, most people do not want to give up anything. Why do you think that most people are skint..! The average credit card debt is some £30.000 in the UK.!! That is just insane.

We have got used to a certain level of lifestyle and want to keep it.  For what ever insane reason they go on, day after day, building up debt. It takes a lot of will power to ‘just bite the bullet’ and go without in the short term for the bigger benefits in the long term.

Preppernomics is all about being a brave old soldier and doing what’s right for you and your family.

Nobody really wants to move to a smaller house, or buy an older car, or go without their precious sky sports channel, or say NO to the kids..!

But this is the only way that you can sensibly make any impact and create the lifestyle required to survive an economic mayhem scenario.

Banks get bailed out of debt every day – you wont.

That’s the facts, no one is going to help you. Despite the caring, sharing adverts you see on the TV. You will still get shafted by the banks and other money lending institutes.

The mind numbingly condescending TV adverts belong to the age old loan sharks who only want one thing. More of your money, and by giving them control of it you can then buy more luxuries that you really do not need.

It’s a vicious circle that so many people get into – these are set in a the must have mindset.

Preppernomics means thinking and acting as a prepper, not just one of the sheeple.

Granted, everyone’s situation is different.  

You could very well be locked into a mortgage on a huge house. Where the selling price won’t even cover the balance of what you owe. The same could apply for your car/s.

But always look for financial ways out – there will be other options. You may find that paying to get out of a mortgage may be initially difficult, but long term will enable you to create the freedom you need.

I personally have financial freedom, free from any debt, with no ties or restrictions.prepper in hammock

Can you say the same?

I know that is quite rare these days, and I am at that point because five years ago I made the decision to reduce my outgoings to the barest minimum possible.

I has not been easy.! In fact, I would go far as to say that most of you could not do it.!

I did it by taking out all the ‘wants’ and all the secondary luxury items that were weighing me down. I could not have done it without the help and backup of my wife either.

So, if you really want to make a change to your whole way of life and get to a point of financial freedom where it would be possible to ride out a UK economic collapse then follow what I did – it’s not easy but it works.

 

See the changes I made to be prepared here:  Prepping for  UK economic collapse >

 


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