My wife and I ( like most here probably) literally predicted this inflation, including fuel, rents and interests rates when the election got stolen.
As such we positioned ourselves financially, no more revolving credit, cleaned up lingering accounts. Ya it hurt the saving but now we are on solid ground unless the whole economy goes Venezuelan, little to do there other than go full survivor mode.
Thing is we know people who have seen us be successful with this planning, they are even astounded we got ahead like this and yet they still refuse to believe we predicted it.
The spiritual blindness is very deep!
Buy land, seeds, guns and ammo.
Consider planting staples, like field corn, wheat, beans, potatoes and cabbage.
Get a sow pig or two and a boar. Goats and chickens, too.
Keep a low profile.
Agreed.
Credit is like being addicted to a drug for some people.
We owe a fairly small amount on our home mortgage and one vehicle. No credit card debt, that’s only for emergencies.
Problem with people is, if they can’t afford it they can’t do without.
Sure sign of a lack of financial discipline.
None of your actions will matter, unfortunately, when the real trouble and draconian confiscations begin
Yep. That’s what my wife and I did for the 2008 election. We bought 12 acres in South Central Kentucky, and actually moved there from Seattle in 2011. We then bought the 20 acres next door. Finally, we paid it all off and got all the revolving credit to zero and our cost of living now is in the $1,200 a month area. And if we really need some money, we just sell a few trees.