This is the second half of the blog about finances. You will find videos/podcasts, instructions, and other information about the subject for this week.
Lamont Stewart - How to Organize Personal Finances: How to Organize Insurance Expenses
Note: This is the first video. Watch the other videos in this series
North Point Ministries - Managing Personal Finances (LO$T-Part 1)
Note: From a christian perspective
Today's Survival Show - Episode 30: Live like the Wealthy, and Coping with a Job Loss
Buying Gold and Silver
As you prepare, some people will tell you to buy gold and silver. I disagree, for the family just beginning to prepare. I say this for many different reasons.
One, you can't eat silver and gold.
Silver and gold will offer no nourishment for your family's hunger, only food will do that.
Two, you can't defend yourself with silver and gold.
Silver and gold will offer no protection against the rapist, looters, and robbers, only guns and ammo will do that.
Three, you can't drink silver and gold.
Silver and gold will offer no quenching of your thirst, only water that you have stored or treated will do that.
Lastly, why should I, or any other person, sell you food, water, guns, or the other necessities of life if all I have to do is wait for you to die and then take your silver and gold.
With all that said, a family that has enough food, guns/ammo, medical supplies, power generation equipment, ... and is preparing for a financical emergency might want to buy some silver and gold.
Over at Total Survivalist Libertarian Rantfest, the guys and gals have some excellent advice/thoughts on silver and gold.
September 14th, 2008 - 10 Commandments for Buying Gold and Silver
September 25th, 2008 - How Much Silver and Gold will Really Make a Difference
September 22nd, 2008 - Coin Shop Versus Online Dealers
September 16th, 2008 - Purchasing Precious Metals at a Coin Show