Summary: As the country continues to increase its debt limit, we here at Prepping 101 are going about finding ways to prepare ourselves for the financial future. Being prepared for failing systems is what we talk about here and the simple things we can do to increase our financial preparedness. Join me today as I discuss- Getting out of debt, especially variable interest rate debt. Get rid of credit card debt If you have a variable home mortgage rate, get a fixed rate if you can Try to save 20% of your income by living below your means. Have 6 months worth of cash on hand to pay all your bills. Know your exit points on all investments If you buy stocks pick the best companies Develop you neighborhood community If you receive from the government, prepare for it to be cut back Land as an investment Increase your financial IQ Increase you self sufficiency Increase you cash position Act out of a position of strength not fear Don't forget to give a comment or join us through one of our social media outlets. Questions? Send an email to ric@prepping101.com
