Wednesday, January 2, 2013

Debt-Free Prepping to Self Reliance

How's that 9-5 job working out for you? Remember when we were young and wanted everything at the store? As we became teenagers, a job became the solution to this desire because our parents surely didn't buy it all for us. Years later, we are still stuck in the same cycle. We work every week in order to maintain our lifestyle as consumers. For many, the word 'maintain' is being nice. A couple of large purchases is enough to put the average American into serious debt for 10+ years.

As I mentioned in my last post, the key to self-reliance is owing as little debt as possible to creditors. Unfortunately, our jobs don't supply us with enough income to dig out of this hole or else we wouldn't be here. So what options do you have?

Think about small business ideas. A simple Google search will open your eyes to many potential weekend warrior businesses. Such as:
  • Yard Work
  • House Cleaning
  • Carpentry Work
  • PC Repair
  • Pet Sitter, etc.
It is easier than you think to earn an extra $100/weekend or $400/month. Imagine the debt you could pay down with that extra cash flow. There are many hobbies that will earn you some money and at the same time further prepare your family. Not only will these hobbies supply your family with income today, they will also supply your family with future bartering goods post-disaster. Hobbies such as:
  • Bee Keeping
  • Organic Vegetable Gardening
  • Goat Milk and Meat
  • Chicken Eggs and Meat
  • Rabbit Meat and Fur
Let's not forget Ebay as an immediate source of income. If you need some capital to start your weekend business, Ebay is the way to get there debt-free. Get rid of all of that stuff that has put you in this hole and make a few bucks in the process.

 Stay always prepared!

2 comments:

  1. Relying on yourself and on your own resources – no other approach is more reassuring than that! It’s reassuring in that it’s the most accessible. Establishing another source of income is easy. But selling belongings can be hard for some. This is to show how much effort you’re willing to give to fulfill your mission to be debt free. -->Jaden Allred

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  2. I agree Jaden. Thanks for your comment

    ReplyDelete