When middle class families are not in immediate peril, it is too easy for them to become complacent or to deny the importance of their new year's prepper resolutions. Although the stock market is doing well right now, main street has not yet done as well as Wall Street has done. Hopefully, this stock market rally will recesutate other parts of our economy.
If any number of specific events occur, however, reality can come crashing in on individual families . Examples of such events are:
- Extended unemployment.
- Catastrophic medical illnesses.
- Serious accidents that result in a disabilities.
- Natural disasters.
- Failure of the infrastructure.
If middle class families are in debt and living from paychecks to paychecks, they obviously will be much more financially vulnerable than prepper families that have substantial savings and no debt. Friends and relatives might not be willing or able to help significantly. Homeless shelters, even when staffed by dedicated, caring people, can be such a bad experience for many homeless people that they prefer to live on the street. Tent cities are an alternative that is not much better.
After natural disaster or infrastructure failures, help from bureaucracies can come too little, too late, or not at all. There is no way, given the number of disaster victims, that slow moving bureaucracies can take care of victims as well as prepared people can take care of themselves, in their own homes, and among their own family members.
Although no amount of prepping can make middle class families completely secure, any amount of prepping improves their chances of coming through hard times and disasters with as few trials and tribulations as possible.
Prepper supplies and equipment items will never be cheaper. Buying now is cheaper than waiting until inflation increases the costs of these supplies and equipment items. Those who wait for a disaster and then try to buy prepper supplies and equipment will become victims of not only inflation, but also of price gouging, if they are lucky. If they are not lucky, they will not be able to afford or to find the supplies or equipment that they need.
Talk to older people who went through the great depression, and gain a perspective from their wisdom. Above all, recommit yourself to your new year’s prepper resolutions.