Now many businesses are struggling to stay open under the weight of many restrictions and reduced income. States are mandating a lot of things. Schools are struggling with the decision to reopen and how to do run a school. Colleges are placing students under a lot of restrictions so they can open.
1. You have to do what is best for yourself and your family. Only you can make that decision although I would definitely take into consideration how your family feels about it. You have probably been preparing for a while so you know what you need to do in that regard. However, we are being faced with some unique circumstances. We all know those circumstances because they are being fought over by the media, government, and public all over social media and the news.
When it comes down to it though, only you know what is best for you and your family. Not the government, media, or the thousands of opinions on social media. Only you.
The cashless society is practiced and gaining momentum in socialist countries so that they can track every movement their citizens make, what they spend, and how they spend it. Do you want to be tracked like that? Being able to use cash makes you more independent and isn't that what you want?
4. Get stocked up now because the second wave of shutdowns is coming. Whether or not you want to believe it, the powers that be will figure out a way to shut down this country again. There will be panic buying again and there will be more businesses failing. Stock your pantries and cabinets now in order to not be one of those panic buyers.
5. We are going to experience an economic downturn in the next year. Even mainstream experts are stating this as a fact now. Whether it will be a recession or a depression remains to be seen. Truthfully, though, we already are experiencing it and now that unemployment benefits were cut, the economic picture is going to get uglier. Right now, it is wishful thinking to think that the economy is going to turn around this fall or winter. Plan accordingly for the next two years.
6. If you haven't figured this out already, you need to be in charge of your own food supply. You need to grow as much as you can and find a way to stock up on the rest. A good deal of our national food supply comes from overseas with China being the main player in supplying and shipping.
Many people claim they are not stressed over anything, but their health proves that to be a lie. Financial burdens, job stress, family dynamics, cluttered houses, and more can be very hard on your stress levels. By becoming more organized, decluttering, making a budget, taking some downtime every day, eating balanced meals, and more will set you on a better path for your health.
9. Reduce your expenses and get rid of the excess. You need to whittle down your budget so when an economic downturn hits, you are not in shock. You also need to whittle down your excess things in case you need to move quickly or make more room for other people moving in. You probably have things in your expenses that you are not using like subscriptions, streaming services, memberships/dues, and more. Get rid of them now to reduce your budget for when hard times come. Better yet, take that money you just saved and put it into savings for emergencies.
Check out these books also to help you be more prepared for the future!
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