The Definitive Preppers Guide to Crisis Management in a Homestead Setting


Crisis management can be hard especially for disasters that last for an extended period. Today there is evidence of increased pandemics, hunger, environmental catastrophes, and worrying threats of nuclear war. Beyond these apparent worries, our health systems, security, water supplies, food, and social amenities are held together by the stability that is under constant threat.

As a survivalist, you have learned how to be self-sufficient in all fronts. However, your survival plans may be applicable only when the world is in a normal mode. What if there are extended periods of war or infectious diseases like the novel COVID-19 pandemic in 2020? Will you be able to cope with your family without venturing out for additional food, medicine, or water supplies?

What if the marauding youth vandalized the electric supply and overwhelmed the security people in the streets? Will your homestead guarantee continuous lighting and security?

These are pressing matters that you should think about for complete survival ability. Nobody can predict what will happen shortly that will have widespread ramifications. It would be best if you considered working on some solid plans that would save the day if either of these calamities strikes.

1.     How to Prep For Your Family’s Health and That of the Livestock

In case of a significant disruption of ordinary lives, your health and that of your livestock become top priorities. Your life-line depends on how best you are prepared to handle the scarcity and stiff price increases of essential drugs—the whole family, livestock, and garden lies on your neck in these difficult times.

a)     How Do You Prepare For Your Family’s Health in Times of Crisis?

Some difficult life encounters like the nuclear war that happened in Hiroshima, and Nagasaki atomic bombing can ground you in the house completely. If you are lucky to be alive, such devastations may require that you stay indoors for several months. During this period, you need sufficient stock for some critical medications depending on the diseases prevalent in your family.

  •   Store Some Painkillers

It’s normal to have some headaches and body pains occasionally. When you are in lockdown, the need for these drugs will increase. In the absence of these medications, your quality of life will suffer from continuous pain.

Another obvious need for the painkillers is that limited movement increases lethargy. The whole family needs these analgesics to relax their muscles as days go by.

  • Drugs for Gastrointestinal Disorders

It is a fact that after a few days, you may develop some stomach discomfort. Most of these symptoms will arise due to indigestion triggered by fear of the on-going calamities.

Hyper-acidity and constipation will also be rampant. Most of these conditions are self- limiting with proper exercises and sufficient water intake. However, this may not be an appropriate time for exercise and other preventive measures.

The only remedy is having some anti-acids for acidity and laxatives for constipation. You should always keep these drugs and be familiar with them to be conversant with them when calamity strikes.

  • Keep Some Anti-Panic Drugs For the Occasion

These are drugs that will calm your mind and maintain typical character during times of devastation. It may be hard to comprehend what is going on or how far or down it will go. The uncertainty may push you or your family members to extreme anxiety. Anti-anxiety drugs will come in handy to salvage the mental stability at this trying time. These drugs are essential to the aged loved ones whose anxiety states may worsen their chronic conditions.

NOTE: anti-panic drugs are Prescription Only Drugs (POD), meaning a doctor will prescribe and explain when to use them.

 Have a Fully Parked First Aid Kit

Do you know how to use the first aid kit contents? Now is the time to study a short first aid course so that you know how to offer first aid when a crisis happens.

Your vehicle has a first aid kit for a good reason. That is why you never leave it behind. However, this time you need it for any accidents that may occur during the lockdown. Reaching the doctor at this time is out of the question, and your expertise will save a life.

IMPORTANT: always keep your first aid kit full and attend refresher courses on first aid operations.


  •  Pack Some Anti-Diabetic and Anti-Hypertensives for the Aging Parents

Make it a habit of buying at least three month’s pack for these drugs. Alternatively, you can maintain a three month’s supply by replacing the dose for each month. The aging parents with diabetes and hypertension will stay safe for the time being before authorities offer new directions.

  • Have Some Personal Protective Equipment (PPE)

In the case of an infectious disease pandemic, you need to be armed with PPE to avoid contracting the ailments. The Spanish flu and the recent COVID-19 had flu-like symptoms transmitted through coughs. Prevention from these infectious diseases was simple. The authorities advised the citizens to wear masks, avoid crowds, wash hands, and stay indoors. The PPE plays a significant role in protecting your family against deadly diseases.

It is worthy to note that if you have PPE piles in your safe room, you will have an upper arm in case a crisis occurs as the supplies will dwindle and prices shoot tremendously.

b)     How Do You Prepare For Your Animal’s Health In Case Of a Crisis?

dead dog due
crisis kills dog

Livestock, like cows, provides milk that is essential during a pandemic or war. They have to remain healthy for sustained production. How long can your current drug store support your herd? To be on the safe side, identify those prevalent illnesses in your locality, and keep sufficient supplies. To avoid losses, you can have a working plan with your vet to collect those near the expiry date. After collection, you can now stock with long expiry drugs.

The home has other animals like pets that require medications. When disasters like floods strikes, dogs, cats, and rabbits are more prone to infections. It’s a lousy time to witness the death of your beloved pet. To avoid these losses, keep small quantities of commonly used pet drugs at all times.

c)      How to Cater To Your Plant’s Health in Times of Crisis

The garden is your best friend during a global disaster with pandemics like the coronavirus. Working on the garden with your kids is a worthwhile venture as you can use it to teach them biology, science, math, and environmental science.

Nurturing the plants with nutrients and water improves their productivity. However, common diseases may attack them at any growth stage. Always stock your drug inventory for a full season immediately after planting. The prior arrangement safeguards your crops from suppliers known to hoard supplies or increase prices in times of crisis.

2.     Food

When disaster strikes, you need sufficient food supply for the entire period. Preparing food for a crisis is a continuous process ingrained by every survivalist. Plan your crop cycle to ensure adequate quantities of all the major food groups at all times. When a crisis hits, it may not be wise to have an excess of cereals and none of the veggies or proteins. Therefore, the garden should have crops that provide the five essential food groups. Whether your gardening is entirely for food or commercial purposes, make sure you have the following groups of food crops;

a)     Energy Giving Foods (Carbohydrates)

During crisis times, the fear surrounding us makes our bodies consume a lot of glucose. Therefore, you need foods that provide sufficient glucose to keep you in control. The energy-giving foods or carbohydrates provide calories that fire up our bodies and keeps us warm. Your family requires sufficient energy giving foods as they provide heat and keeps their bodies active.

Examples of food crops for energy provision include potatoes, maize, wheat, and other starches. You can have three or four of these crops depending on preference.

b)     Proteins

Have you seen emaciated families coming out of a famine? The body losses much of its mass, making you look thin. That’s not what you want to look at the end of the crisis. Besides, your kids will have growth retardation, increased bone fractures, and risk of infections.

Food crops with proteins include nuts and beans. Animals also provide proteins in meat, milk, and eggs.

c)      Fats

Fats are essential macronutrients that store energy for use when you have a low food supply. Besides, they insulate our bodies and protect vital organs from injuries. Foods that provide fats are essential during a crisis when our bodies need energy and warmth.

Best sources of fats are animal fats from fish or chicken, soybean oil, olive oil, palm oil, avocadoes, etc.

d)     Fiber

When you have an ongoing crisis, your body may stop functioning normally. The uncertainty and worries affect bowel movements causing indigestion and constipation. Taking a diet with sufficient fiber improves digestion, reduces constipation, and painful hemorrhoids.

Fiber nutrients also prevent certain types of bowel cancer, coronary heart disease, and diabetes. They are, therefore, necessary to you and the aging siblings.

Sources of fiber include wholegrain bread, oats, nuts, peas, beans, fruits like melons and oranges, vegetables like carrots and broccoli, etc.

e)     Vitamins

Vitamins, also called protectives, play an essential role in the formation of genetic materials, tissues, hormones, blood cells, and chemicals for the nervous system. All these functions are vital for survival, more so on an ongoing crisis. Sufficient intake of vitamins improves your physical and emotional balance for keeping you fit.

Plants that have vitamins include tomatoes, spinach, strawberries, oranges, bananas, etc.

Advice on How to Select What to Plant and Rear

Now that you know the crucial plants for a balanced diet, what criterion helps you on what to rear or plant?

  • Crops that you frequently eat- select foods that you regularly consume. Sufficient supply will keep your store full of foodstuff that you enjoy eating.
  • Save your cash- plant those foodstuffs that are expensive to buy. You can save some money by purchasing cheaper supplies and growing the more expensive ones.
  • Plant the rare crops- focus your farming on what you need but not readily available in the stores or with other farmers. The plan is to avoid missing your favorite diet.
  • Try new things- you have heard about a specific breed of animals or a crop with high yields with excellent disease resistance. Why not try them as they may prove to yield just what you need?


For further guidance on food types, quantities, and disaster preparation plans, visit the tips for preparing emergency food supply for extended storage.


3.     Fuel

Fuel is a vital survival component for lighting, warming the house, cooking, and powering essential equipment. It would help if you had a minimum fuel supply that can last up to a year at all times. Planning gives you ample time to purchase a suitable storage tank and study the fuels does and don’ts.

Fuels are highly flammable products that can cause widespread inferno. In that case, they require the utmost storage precautions and following the local legal guidelines for safe storage. Always share the safety information with family members for collective responsibility.

Examples of fuel that you can store

a)     Kerosene

Kerosene is suitable for heating, lighting, and cooking. It’s available in the standard grade k-1 and k-2, depending on sulfur content. Select the K-1grade as it has lower sulfur levels making it preferable in-home use.

Safety precautions when using kerosene

  • Kerosene produces vapor that travels long distances. Therefore, it’s used with utmost caution to avoid coming into contact with electrical outlets, switches, open flames, and static electricity.
  • Identify the k-1 grade by its lighter color compared to the k-2.
  • Ensure the room is well ventilated and use flue to remove the waste gases from the area.
  • Always read the label to ensure you are buying the k-1 for home use.
  • Choose kerosene appliances like heaters that are tested and listed on the underwriter’s laboratories standard 647 for compliance.
  • Use fuel stabilizers like PRI-D annually to extend the lifespan of kerosene.


You can buy cooking devices and kerosene heating apparatus online for your home use.

Proper kerosene storage

Kerosene appears less flammable than other fuels like gasoline. However, it can be dangerous if not appropriately kept.

  • Note that a rise in temperature to around 428 degrees Fahrenheit will ignite the kerosene spontaneously. To avoid the risk, store kerosene tanks or cans in a cool place away from any heat.
  • Use a blue color coding as it’s the universal identification for kerosene. You can buy a blue can that has all the storage specifications.


b)     Diesel

You may find it hard to survive in a crisis without diesel on the farm—the fuel powers your farm machinery like tractors and vehicles. Diesel engines will drill wells, dig foundations, and perform all the difficult jobs.

Diesel has other uses like powering generators during power outages that are common in times of crisis. The generators produce light and warmth, keeping your family warm and continuing with routine chores.

Care for Handling Diesel

  • Although diesel is less flammable, it still produces toxic carbon monoxide, carbon dioxide, and smoke (incomplete combusted hydrocarbons). Therefore, use it outdoors and away from doors and windows as it may ebb back with dangerous outcomes when inhaled.
  • Store in the universal yellow color coding cans or above the ground tanks in a cool and well-ventilated area away from the house.
  • Diesel expires within 18 to 24 months. However, you can use PRI-D stabilizers annually to rejuvenate your stock’s lifespan indefinitely.


c)      Gasoline

The major United States oil refineries produce Gasoline making it a leader in fuel consumption. It has many uses in-home equipment and in powering automobiles. Gasoline easily ignites and burns and is highly volatile.

Care for Handling Gasoline

  • Store gasoline in leak-proof containers as it is highly flammable and
  • Store gasoline in approved red containers and recommended quantities by the local fire department.
  • Store the fuel in a shed or an unattached garage

d)     Solid fuels

Solid fuels such as charcoal, coal, fuel tablet, and debris burns to provide heat. They are easy to store and have less danger to ignite than the other fuels. Also, they provide warmth and heat for extended periods when stored in airtight containers with less toxic waste gases.

  •  Charcoal

Charcoal produces clean and hot emissions that are suitable for grilling and warming. It is compact, making it easy to store in bulk and lights quickly when in use.

Care for Storing Charcoal

Charcoal has a long life span if stored in these minimal conditions;

  • store it in airtight containers to prevent moisture absorption
  • use desiccants to absorb any moisture in the container
  • recharge it often by laying it on the hot sun

Caution: charcoal consumes vast amounts of oxygen while releasing carbon monoxide, which is toxic when inhaled.

  •  Fuel Tablet

Fuel tablets are small cubes that produce clean heat for cooking, warming, or starting a fire. They have intense heat that exceeds 1400 degrees within a few minutes. However, they produce several toxic gases rendering them unsafe for indoor use. Use them in a well-aerated area to avoid inhaling poisonous gases.

Fuel tablets have long shelf-life when stored in their original form. It is advisable to keep them in a dry place and avoid contact with any ignition sources.

The esbit solid fuel tablets are great fire starters with steady output. You wouldn’t want to miss it in your crisis preparedness list.

  •    Firewood

Firewood is the cheapest and most commonly used fuel for warming the house during winter. You can buy some from your fellow homesteaders if you are a newcomer. However, a long term plan calls for planting your trees for firewood.

Plant a combination of hardwood and softwood to gain the advantages from both species. The hardwoods are slightly tricky to light but last for long. On the other hand, softwoods are easy to light but burn rapidly for a short duration.

Different wood species have varying BTU (heat content). Hardwoods like oak trees and maple have higher BTU making them more popular.

Firewood storage

  • Before storing woods, it’s advisable to split it with a log splitterinto manageable sizes and dry it to increase energy the content.
  • Store it off the ground to prevent infestation by insects and dampness that causes it to rot.
  • Arrange it in heaps with adequate aeration
  • Use the old stock as you replace it with new wood. The plan will avoid losing your firewood as it losses energy after four years of storage.

Caution for firewood

  • Firewood is quite safe as compared to other fuels. However, it can burn uncontrollably after minimal ignition.
  • Several homes have reported episodes of dangerous creosote fires. Avoid these fires by regularly inspecting the fireplace and stove exhaust system to remove any blockades.
How DIYers Make Solid Fuels from Newspaper

All the above fuel sources involve buying or long term planning. However, there is a simple method you can manufacture newspaper logs in times of a crisis that will solve the heating problem quickly.

What you need

  • Collect a sizeable amount of newspaper, wrapping papers, cardboards, junk mail, old books, and others.
  • Water
  • Dowel to shape

Preparation method

  • Shred the newspapers and other paper junks.
  • Soak them in water and add a little dish detergent as you soak.
  • Roll the soaked papers on the dowel and tie while wet.
  • Remove the dowel before drying to allow for better air circulation.
  • Let it dry completely.

Alternatively, you can buy a newspaper log maker that molds soaked papers into logs and squeezes the water to dry.

Final product

Dry the final products from either process for several weeks. The products formed burns at a rate of about four logs per hour, giving you a steady heat supply.

4.     How to cater for your Security


Being alive and secure is an essential thing that you guard with zeal. Your family’s safety depends on the security status that you have set up long before any crisis hits. And they will thank you for that.

The American home is prone to many dangers emanating from natural disasters or rogue individuals or even the ever-present nuclear attacks from enemy countries like North Korea. In case any of the crises occur, you need to prepare on how to be among the survivors.

a)     How to Prep For Disasters

No matter your location in America, you are likely to experience a tornado, hurricane, hailstorms, or a wildfire. How do you prep for these disasters?

Smart h
smart homes offers the best security

Preparedness for Tornadoes

Tornadoes are high-speed rotating wind columns that are accompanied by widespread destructive thunderstorms. The worst episode recorded in Joplin, Missouri, ran into $3.2 billion losses killing 161 people and injured over 1000 individuals. You need not be part of these statistics.

The following simple tips will keep you safe and avoid widespread damage in your home;

  • Check your roofing for any loose ends and fix it immediately
  • Avoid trees that could fall on the house or trim them to size
  • Immobilize all large items by metal strapping or tying them tightly on stable points
  • Keep heavy objects on the floor
  • Secure the electric cables and ensure there are no exposed cables
  • Reinforce your doors in the house and the garage
  • Make a good drainage

Preparedness for wildfire

Wildfires are responsible for the destruction of large areas and homes around the US, with 2015 setting the highest record. Going by the facts and statistics, most fires are ignited by negligence, intentional acts of arson, downed electric lines, and lightning.

The figures over the years are frightening, according to the insurance claims reported. IMPORTANT: always record the destroyed items and claim for compensation from your insurance.

The following tips will assist you in preparing for wildfires

  • Keep any flammable materials far from any source of fire
  • Use fire-resistant building materials especially on kitchen and fireplaces
  • Install fire detector in strategic areas
  • Consult with the fire department when storing highly flammable fuels like propane and gasoline
  • Keep a working fire extinguisher
  • Use grills and other open fires at least 15 feet from homes
  • Be vigilant by extinguishing any flames and fires after using them
  • Conduct fire drills periodically

IMPORTANT: keep the fire department’s hotline at your fingertips and contact them immediately when a fire starts.

  Preparedness for War

Nowadays, nations are competing in businesses and technological advancement. The competition has expanded to include war preparedness in atomic and nuclear advancement and showcasing military might.

The continued aggressions and shows might degenerate into a fully-fledged nuclear war. And this calls for your preparation psychologically, physically (home protection), and general knowledge.

  • Psychological Preparation

The psychological preparations involve being aware of the threat posed by nuclear war. The explosion releases radioactive materials that are invisible to the naked eye. However, if you take early precautions, you may come out unscathed.

Don’t panic and get hysterical as this will compromise sound decision making. Follow the below physical preparation;

  • Physical Preps

ü Make a fallout shelter that will provide total protection to radiation materials. You can design nuclear fallout or engage experts to install one in your home.

ü Stock enough Personal Protective Equipment. These are clothing and gears that protect you and your loved ones against external and internal injuries from radioactive materials.

Beyond these preparations, you need to have some basic knowledge about nuclear explosions.

You should know that a nuclear attack does not mean that you will automatically get injured or lose your life. Although more people have lost lives, there is evidence of more survivors in these attacks. The trick is to be in the right mind, and accept the possibility of an attack, be prepared to protect your loved ones and live beyond the crisis.

5.     Water

Water is used in cooking, cleaning, and drinking to quench thirst. Whether in regular times or disaster hits, everyone will need sufficient water supply. It is, therefore, an essential component in a crisis management plan.

How Much Water Do You Need?

Storing water requires some calculations to ensure that the supply will last long enough. The Federal Emergency Management Agency (FEMA) estimates that each person consumes two gallons of water per day in hydration, cooking, and hygiene. So if your household has five adults, you are likely to use ten gallons per day.

The calculations will vary on hot weather if you are pregnant or have a medical condition. The three factors will necessitate higher water requirements per day. Sufficient water supply will keep you well hydrated with improved digestion and reduced likelihood of developing diseases.

Another concern is the water storage for livestock and pets within the homestead. You will have to factor these additional water consumers when looking for storage containers.

I have selected containers for your family consumption and few for the livestock.

Water storage containers for the family and the livestock

The general requirement for a storage container is to be sturdy, cheap, portable, and impervious to infectious micro-organisms. Some of the containers that have been tested and proved include;

a)     Collapsible plastics

The collapsible plastic containers are hardy, light in weight, and affordable. Plastic containers manufactured from high-density polyethylene (HDPE) or Polyethylene Terephthalate (TEPE) have the ideal storage characteristics.

The drawback of plastic is that it absorbs pesticides, gasoline, and such materials. Therefore, keep it far from these contaminations. Store all plastic water containers away from direct light.

b)     Water Bricks

If you are looking for sturdy, easy to pack, and transport water containers, the water bricks will complete these qualities. Most are available in 1.6 to 3.5 gallons spigot with a tap for smooth water dispensing.

c)      Water Barrels

Water barrels holds up to 7 gallons of water and occupy a small space. They are ideal for long term water storage when kept on sheds away from direct sunlight. To cut on costs, you can re-use new food-grade water barrels that hold up to 55 gallons. Only re-use barrels that contained edible products to avoid water contamination.

d)     Glass Containers

Glass materials are hard and impervious to contamination. With a well-sealed glass jar, you can pack many containers on a shelf, storing a copious amount of water.

The water glass containers have air-tight screw caps that will keep water safe to survive any crisis. The disadvantage with glass containers is that they can break and lead to loss of your treasure.

e)     Water Tanks

When you have to cater to the livestock in a crisis, it’s wise to store large quantities of water in either above or underground tanks. The tanks will hold hundreds to thousands of gallons of water. Aside from that, they occupy a small space either in the garage or in the basement.

The underground water tanks are the best water storage during a crisis. They have less possibility of contamination and are hidden from sight, making them secure. The only problem is the initial investment, but the long term benefit is worth it.

6.     Power supply

Every home requires a reliable source of power for lighting, keeping foodstuff fresh in refrigerators, warming food and the house, powering the washer and drier, in ovens and electronics. The numerous uses make it a must-have in every operational home.

During a crisis, the grid power may be vandalized, power lines damaged, or the supply becomes erratic. Plunging the home to darkness spells doom, and it may further the panic and distress brought by the ongoing crisis. Therefore, you need a local power solution that will sustain normal operations.

Local Solutions to the Power Supply during a Crisis

The following local power plans provide energy in crisis and save you from monthly bills in the long run;

a)      Batteries

Batteries are categorized into three as either wet cell, dry-cells that are rechargeable and non-rechargeable dry cells.

Wet cells are lead-acid batteries that power vehicles. Pack several Odyssey PC680 batteries that offer long term service to your truck far beyond the crisis.

The dry cell non-rechargeable are the general disposable batteries. They have many applications that include powering torches, wall clocks, hearing aids, and pacemakers. The absence of batteries to individual power appliances like the pacemakers can cause fatalities to loved ones with heart problems.

The rechargeable batteries discharge power when used and will have to be recharged again. They are used to power many home appliances, including flashlights, 2-way radios, toothbrushes, and LCD-TVs.


b)     Solar Power

Various sizes of solar panels collect light from the sun and harness it into electric energy. The power from solar is the most reliable source as long as the sun shines. Invest in a solar panel that will provide sufficient energy for the whole house and the appliances within. You can use the solar calculator to determine how many panels will give adequate power for your home.

The solar power coming naturally from the sun may fail when this resource is unavailable during winter. Therefore, you need a wind turbine to step in.

c)      Wind Turbine

wind turbine is a device that has large blades that rotate by the strength of the wind converting it into electrical energy. A high wind velocity has more blade rotations that produce a higher voltage. For greater voltage output, the turbines are best placed on higher ground away from any wind blockage. The wind turbine generates enough electricity, similar to the grid supply.

You can learn more about how wind turbines generate electricity here.

7.     Communication

One of the worst things that can happen during a disaster is a communication failure. A crisis may happen quickly without a prior warning leaving your loved ones exposed in confusion. The scenario can be traumatizing if you have no plans to contact people that matter to you.

Another important consideration is how to communicate with the outside world when holed up in your home. Keeping in touch with the outside world gives you updates on the ongoing crisis. The live information will assist you in making day-to-day decisions based on these updates.

To keep in touch with your loved ones and live updates on the disaster when it strikes, you need to set up some prior preparations.

a)     Have an Emergency Contact List

You have many contacts on your phone, email address, and social media. Have you ever taken an interest in identifying those contacts that are critical in a crisis? If not, this is the time to select and keep the list separately from other contacts.

The most important contacts to include in this list include the people who matter most; family. Get each family member’s contacts on every platform. The other contacts include the school where the kids attend, friends, colleagues, local fire department, the nearest police station, and any other emergency center in your locality.

Save and keep these contacts in several locations that you are likely to be at any given time.

2.      Establish a Contact Leader

You may not appreciate the value of an emergency leader until one hits your area. However, people who survived a disaster have tales of how their hero leader provided timely advice and life-saving alerts. It would help if you observed a leader’s qualities in a catastrophe long before any disaster strikes. Some of their qualities include making the right decisions in the first instance, skills in evacuation events, a family member with authority, and always being available.

The contact leader will offer directions, and all other members will report on any developments in this particular contact.

3.      Download Disaster Alert Apps

The government and disaster organizations promptly update citizens on the crises every time they occur. These groups have select apps that offer timely and real situation on the ground. Download these apps and keep them updated all the time.

Some of the most crucial apps include;

  1. Disaster alerts app that is a global platform for disaster updating.
  2. FEMA that shares live updates from National Weather Service.
  3. ICE Standard Technologies that focuses on your medical queries and needs.
  4. Red Cross app that gives updates on any disaster that happens in any area that they have accessed.
  5. Social media apps like Facebook and Twitter for sharing updates with family members and friends.
  6. Subscribe to text alerts in your locality

The government and disaster agents may fail to capture the minor details that are unique in your area. You may need to know how the road is since the disaster or how the area physician is handling injuries. These details are shared through a local text message subscription and are crucial for your survival.

8.     Financial Obligations

The day-to-day obligations require you to incur expenses on health, travel, home, and paying utility bills, among others. The costs may appear no big deal in regular times. However, things are different during a crisis. You may lose your job, or worse, get injured in the event of a disaster. In short, you may lose your financial lifeline.

How do you keep a sound financial muscle to avoid running out of cash in the event of a disaster?

There are several financial approaches that you should follow to avoid falling into economic turmoil in any crisis.

  1. Keep Enough Liquid Cash.

Times of uncertainty demands that you keep more liquid cash than usual. There could be disruptions of the typical payment programs, and you may have to complete payments with cash. Besides, medical emergencies can happen at weekends, where accessing the money is difficult. Make sure this emergency cash is also accessible to your spouse.

b)     Save For Uncertain Days.

Financial advisors propose that you save 30% of your monthly income. The rest is assumed to provide economic sufficiency for basic needs. Invest the savings in low-risk plans like Certificates of deposits, fixed deposit accounts, or money markets. The advantage of these saving schemes is that their value does not fluctuate with market conditions, unlike stocks or exchange-traded funds (ETFs).

Though you can invest in high-risk plans, the low-risk investments are a sure way to save for emergency cash. Besides, they have no withdrawal penalties or tax obligation that incurs losses in your savings.

c)      Invest In Insurance Cover

The best financial decision you can make is investing in a life assurance policy once you start earning. The insurance caters to your expenses in case of a debilitating injury at an early age or after retirement.

Start shopping for an affordable policy that you can handle without compromising your basic needs. Aside from that, start paying the premiums early in life as this lowers your monthly installments. The policy cover will be handy in case of any eventuality arising from a disaster.

d)     Reduce Expenses

A bad day has to be filled earlier with financial sacrifices that will fill it up. The best calculator for your income is to purchase the essential commodities, paying the bills, and setting aside the savings. It’s only after eliminating this amount should you allocate entertainment and other luxuries.

e)     Be Loans Free

Loans are essential when purchasing expensive fixed assets. Helpful loans should assist in saving expenses or generating income. Worthy credits include acquiring cash for buying a home or starting a business.

The best option is to avoid loans that do not add value to your financial portfolio. If hit by a crisis with zero loans, your finances will have less pressure, and you are likely to overcome the cash flow challenges.

f)       Look For Passive Incomes.

Passive incomes are money generated whether you have an input in it or not. Apart from your usual job, you can open a side business that generates additional revenue. Additionally, as a homesteader, you can increase your production to make more sales and enjoy the higher income.

Bottom Line

Overcoming a crisis can be challenging but manageable. It’s advisable to direct all your plans and actions in dealing with any catastrophe that may arise at any time. Ask yourself what the basics sustain life and keep your homestead activities going despite any ongoing disaster. An explicit plan action will keep your family from harm’s way and may even reap big from it after all.

Now you have a lot to start implementing today. You can also be innovative and add to my list any left out essential plans.

Plan early and be safe!






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