Archive | Money


Warnings When Buying Survival Food

I’m obviously a big believer in preparedness.  I try to cover all of the 12 topics we cover here at BoomerPreps – Money, Food, Water, Safety, Utilities, Environmental Toxins, Shelter, Communications, Health/Medical, Mental Health, Restricted Travel and Records. Too many folks that are new to the preparedness mindset think that all they need to do […]

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More Money: Starting A Business

You may be looking at your personal balance sheet and cash flow statement, and realize you’re running pretty tight with the money.  Really tight.  You might be thinking it is time to look for supplemental income sources by starting a business. Decades ago, when I was just getting my career in banking started, I saw […]

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Buying Odd and Old Gold

You can many times get a break on premiums paid if you purchase uncommon types of gold. So that you can compare “apples to apples,” when buying this stuff, you want to ask for (or better yet, determine for yourself before going shopping) the AGW – the Actual Gold Weight. This tells you how much […]

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Negotiate EVERY Purchase

Negotiating. Most Americans hate it. As the owner of a retail precious metals (PM) store, I can tell you that 9 times out of 10, if I quote a price for either buying or selling PMs, that’s the price that’s paid.  Ask someone to negotiate, and they get all clammy. But, that one person in […]

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Top 10 Precious Metals NOT To Buy

Previously, we gave you our opinion on which types of bullion (non-collectible) precious metals to buy.  They were the ones that were either very liquid (most easily converted into cash when cash is needed) or they have the lowest margin spread (the difference between the buy and sell price at a given spot market price). […]

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Top 10 Precious Metals To Buy

Buying precious metals – in this case gold and silver – can be intimidating.  They’re expensive and certainly possess a level of risk. But so do every single kind of financial instrument on the planet, whether you’re talking about stocks, bonds, cash, real estate or agricultural commodities.  You limit your risk with any type of […]

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Top 10 Household Goods Barter Items

Household Barter Goods Once the SHTF, it is likely that our current currency will become less valuable or maybe even completely worthless. What use is money if there is nothing left to buy? One important part of your prepping should be gathering some supplies for barter – i.e. things you can trade with others to […]

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Skills: Fix A Corroded Flashlight

It has happened to all of us: You grab the flashlight, and it doesn’t work. You open it up to change the batteries and you see that they have a ruined the interior, and you have a corroded flashlight. Into the garbage it goes. Why not try repairing it first? In an emergency situation, you […]

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Bitcoin For Prepping

Privacy is a big consideration that most preppers have when going about their prepping tasks. An example would be:  All well and good – you’ve made sure you have everything you need when the SHTF. But if your privacy has been breached – everyone on your street knows about your supplies – then they will […]

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Politics And Your Money

Happy New Year, everyone! The management and their pet goldfish have graciously allowed me to interject a bit of politics into our otherwise “How To” content structure.  It seemed like a good way to kick off the new year.  If it goes over well, maybe they’ll let us do more in the future (let them […]

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Dollar Preps

Money, money, money… Regardless of how much happy smoke DC blows up our collective skirts, money is still tight.  We all want to fill our prepping needs as economically as possible.  Now, don’t confuse economically with inexpensively – they don’t always coincide. Cheap garbage is still garbage! Still….. many times, deals can be found which […]

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7 Shooting Incident Mistakes

I’m a big adherent to the right to keep and bear arms.  I live that belief every day, without exception.  I believe that armed citizens are the best deterrent to armed bad guys.  It’s simple math:  There are more of us than there are of them. But for us good guys, gun ownership and usage […]

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Top 10 Bartering Skills

Bartering is one of those things that many people avoid. It seems too confrontational. To the contrary, if it’s looked at as a sport – something fun and goal-oriented – it can be quite enjoyable. And profitable. Once the SHTF in any form – from losing your job to economic collapse – it is likely […]

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Holiday Shopping Crime Prevention

Black Friday. Cyber Monday. These are the typical starting days for the upcoming Christmas buying season.  I don’t know about you, but I’m already seeing Christmas presents, sales and decorations in the stores, and we’re still nearly 2 weeks away from Thanksgiving! If the shopping is starting earlier, the criminals will start earlier as well.  […]

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