As a prepper, you spend a lot of time making sure you can take care of your family when disaster strikes. You may have a supply stockpile and bug-out bags for a long-term power outage or a natural disaster, but are you prepared to deal with a financial disaster?
If you want to be financially stable, try to start a home business so you can earn extra money on your homestead. (h/t to PreppersWill.com)
Work hard to earn more
In some cases, you will still need money to survive when SHTF. But don't get fooled by books, seminars and TV shows that promise to "teach" you how to get rich quickly and retire early.
To earn money, you can make use of your survival skills to grow or make products that other people will need. You can also offer your services to earn cash, like woodworking or plumbing. (Related: Survival skills: Side jobs that will help you earn money after SHTF.)
Be frugal to save more money
You can save money by being more frugal. It's difficult to be thrifty when you've gotten used to spending more of your money than you save, but this is a sacrifice you have to make so you can prepare for financial emergencies.
And if you have a hard time spending less, the alternative is to find out how you can earn more. To save money at home, make a list of all their monthly expenses and add the high costs and the small ones. After the list is written down, find out which costs can be eliminated.
Start with things that you don't really need, like a cup of coffee on your way to work or eating out when you can cook food at home.
Save money by getting internet, phone and TV services from a single provider and asking for discounts.
Tips for earning extra money with your prepping skills
After you've talked with your whole family about how to cut costs, here are some suggestions on how to earn money on your homestead:
Grow and sell food
When SHTF, food will always be one of the things that will be in high demand. If you already have a home garden, learn how to improve crop yields so you can continue to grow more food for your stockpile and extra food for preserving and selling.
If you're not sure what kind of herbs, fruits and vegetables to grow in your garden, look at what people are buying at the farmers' markets or the organic grocery stores then try to meet that demand.
You can also turn your harvest into homemade jams, jellies, pickles, or condiments and sell them.
Make and sell items
If you are good at handicrafts or woodworking, make the most of your skills by making products and selling them.
You can earn money by making products such as:
- Candles
- Clothing (Crocheted or knitted hats, mittens, etc.)
- DIY firestarters
- Emergency stoves
- Infused oils
- Leather goods
- Soaps
You also need to promote the items you want to sell through word of mouth or online advertisements to attract more buyers.
Offer your services
If you're skilled at blacksmithing or woodworking, you can also offer your services to earn money. This is a great option if you want to be your own boss as you earn money.
If you are truly skilled, people will be willing to pay for your services. As a bonus, satisfied customers will let others know about you and help you get the business going.
Here are some services that will still be in demand in a post-SHTF world:
- Car maintenance and repair
- Cook/chef
- Electrical work or plumbing
- Food canning
- Gardening and yard work
- House cleaning
- Nursing
- Roofing
- Teaching wood or metalwork, handy work, etc.
If you have various skills, settle on the top three skills and start advertising your services in every free advertising option you can find, such as on social media. After you start taking clients, keep a portfolio with your finished projects to showcase your skills and services to potential customers.
For more tips on how to become financially stable, visit Preparedness.news.
Watch the video below for tips on how to home can and preserve a one-year supply of food.
This video is from the Winston Churchill ? Vitamin D channel on Brighteon.com.
More related stories:
Prepping for survival also prepares you for retirement.
Prepping on a budget: How to use your food supply to get through unexpected financial emergencies.
Apartment prepping 101: Pickling vegetables for long-term storage.
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