It is becoming increasingly apparent that the U.S. economy is heading for complete and total disaster. State and local governments across the nation are uncontrollably bleeding red ink. The federal government has accumulated the largest debt in world history. Every year we buy hundreds of billions of dollars more from the rest of the world than they buy from us. That means that we are getting hundreds of billions of dollars poorer as a nation every single year. Meanwhile, thousands of factories and millions of jobs continue to be sent overseas as American cities turn into post-industrial wastelands. Incomes are down, unemployment remains at depressingly high levels and very few of our politicians seem to have any idea how to fix things. Yes, things are really, really bad. So what are some things that we can all be doing to prepare for the coming financial apocalypse?
Well, the truth is that we all need to start becoming less dependent on “the system”. If the economy does completely fall apart at some point, your employer is probably not going to take care of you. Neither is the federal government – just look at what happened in New Orleans after Hurricane Katrina. In the end, you are going to have to take care of yourself and your family.
Now is the time to prepare. If you wait until things totally fall apart it will be far too late.
The following are 12 simple things that you can start doing right now to prepare for the coming financial apocalypse….
#1 Become Less Dependent On Your Job
Many people define a job as the state of being “just over broke”. The truth is that it is incredibly difficult to become financially independent working for someone else. Now, the truth is that most Americans would not be able to survive without a job, but what would you do if someday you suddenly lost your job during a financial apocalypse? Now is the time to start investigating alternate sources of income and different ways to build wealth. Today it takes the average unemployed American over 33 weeks to find a job. You may not always be able to count on being able to get a good job, and the economy is only going to get worse over the long-term. All of us should be operating under the assumption that any jobs we now have will someday be taken away.
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