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Can You Be a Prepper and Be Budget Conscious?

prepper

Nearly all of us have seen a movie or television show depicting a prepper who stockpiles food and supplies for some future calamity. Sometimes that person chooses to squirrel items away in a basement or in odd places around their home. For those of us living in reality, however, this kind of propaganda may leave us wondering if storing such vast quantities of supplies and food is reasonable. For one thing, some of the food could potentially expire and go bad before it’s used. (Couponers have the same problem!) If this occurs it would result in a huge waste of money as well as resources. But, it also begs the question of whether or not you can be a prepper and be budget conscious. Here are some things to think about before you stock-up. 1. Why Are You Prepping? To be a prepper, especially on a budget, it might help to first have an idea of what you are prepping for. Are you afraid of an apocalyptic event, such as another world war? Perhaps you worry about a bio-terrorist attack or an electrical magnetic pulse, called an EMP, being launched against our country? Or, could you be concerned about the ...

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Two Strategies that Professionals Can Adopt to Avoid Living From Paycheck to Paycheck

Many people now seem to believe that going to college, getting good grades, and securing a good job doesn’t necessarily translate into a life of financial freedom. Far too many professionals with good jobs are struggling with their finances and living paycheck to paycheck. In fact, you’ll be surprised that many professionals earning more than $250,000 actually struggling to get by financially. To start with, we need to acknowledge the basic expenses of food, shelter, clothing and taxes, which must be paid. The effective tax rate for someone earning $250,000 per annum is between 30% and 40%; hence, the actual take home pay for professionals is much lower than what is written on paper. Professionals need a room over their heads – we can realistically assume a mortgage of a house worth $1M at a 20% down payment and 4% interest rate. The USDA notes that it costs about $1,100 per month – multiplied by 12 months to feed a family of 4 as at June 2017. If we go ahead to factor other expenses such as student loan repayments, auto loans, private school for the kids, clothing, entertainment, and pets – the $250,000 per annum earnings doesn’t seem to ...

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Sleep and Health

Getting adequate sleep can make you feel good, but it is important for reasons that go beyond taking those bags under your eyes away or making you feel better. Getting enough sleep is actually a critical element for a lifestyle that is healthy and can have great benefits to things like your emotional well-being, your weight, heart, and more. Memory Believe it or not, your brain is actually quite busy when you sleep. While you are sleeping, your brain helps to strengthen your memories, and can even practice things that you learned during the day while you weren’t sleeping. This process is known as consolidation. When you try to learn new activities, either physical or mental, you can learn it up to a point with practice alone. When you sleep though, something happens that makes you remember it better. If you want to be able to help your brain function, a good mattress, like you can get from Bedding Mart locations, can really help with the good night’s sleep that is needed for this critical process.  They carry many brands of mattresses that promote good sleeping habits. Weight If you happen to be considering trying to shed a few pounds, ...

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How To Get Good At Online Marketing 

If you’re someone who longs for freedom from the tyranny of the 9-5 workplace, who is underpaid and overworked, and who wakes up with a sinking feeling every Monday morning after a wonderful weekend, then you have probably dreamed about starting your own online marketing business. Unfortunately, if you don’t know how to build a website, can’t figure out how to develop your own product, and just cringe at the thought of self-promotion, you probably figure you don’t have a chance. Well, this is far from the truth. In order to build an online business, you actually don’t have to come up with an original business idea, acquire a variety of technical skills, or start with deep pockets. The golden ticket you’re looking for does exist, and it’s a viable business model that has helped people break free of their regular jobs. We’re talking about affiliate marketing, a business where you let other people do all the heavy lifting – coming up with a profitable idea and building a website to sell a hot product. The way this business model works is quite simple—you earn a commission for recommending a merchant’s products. Obviously, you need to know how to market their ...

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4 Ways Keeping Up with the Joneses Hurts Your Budget

4 Ways Keeping Up with the Joneses Hurts Your Budget

If you thought peer pressure ended once you graduated from high school, you are wrong. Peer pressure is around us every day in the guise of keeping up with the Joneses. It exists at work, where you may have a snobby coworker who brags about her new car or the hundredth new shirt she just bought but doesn’t even need. But, the pressure to measure up and keep up with the Joneses doesn’t end there either.  It’s also present among family members and friends who try to impress and outdo you every time the family gets together. Unfortunately all of this pressure can wreak havoc in your life if you aren’t careful. In fact, there are lots of ways keeping up with the Joneses can hurt your budget. Here’s how. 1. Makes You Spend More There are a lot of reasons you may try to keep up with the Joneses. One is because you may feel the need to fit in with your family, coworkers, or friends. Another is to avoid being ridiculed by others. A third reason could simply be your base competitive nature to “beat” someone else. None of the reasons really matter. The bottom line is that ...

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