You’re concerned about the economy and the potential for economic collapse and I have to say – I don’t blame you. No matter where you live in the world, the news is unsettling. Countries are going bankrupt, currencies are collapsing and there is no sign that anything is going to be improving soon.
When the economy begins taking a turn for the worst, knowing what to do to survive is absolutely essential, and this can change depending on the conditions you find yourself in.
In any scenario, though, saving up enough money and resources for basic sustenance is the first step. This will reduce your dependency on your job and grocery stores. Ideally, with zero income, your existing savings should be enough to sustain you for at least six months, and even then, it would be better to be able to rely upon alternative income sources to generate additional earnings. Even without any worries about economic collapse (in your country or globally), this is a wise thing to do.
When the Government Takes a Nose-Dive, Don’t Follow!
These preparations will enable you to stay afloat and even prosper in the worst financial conditions.