(Guest article by 
Stryder. Articles about personal experiences, mystakes made, lessons learned and such are welcomed!- FerFAL)
Introduction 
The reason I’m writing this is just to convey a personal financial  SHTF situation that happened to us, and describe how my “preps”  beforehand helped me sail through the experience with minimal impact.   Just to be clear, this isn’t an exciting shoot-the-looters story, it’s  just a tale of how the “boring” aspect of preparation are still  important to ensuring stability.
My background: I’m a businessman.  I earned my undergraduate degree  and then an MBA, and have worked since then in professional services.   In my spare time I’m also a gun nut with over 300 hours of tactical /  self defense firearms and other fighting training, and am a serious  shooting competitor.  I suppose I became a “prepper” when I was a kid  living in Miami and watched the riots in Liberty City (1980) and  Overtown (1982) unfold on TV.  I vowed even then that for the rest of my  life I’d be ready for any type of calamity.  But I didn’t get serious  about it until 9/11 which left me stuck on the other side of the country  from my wife.
After 9/11 I’d often visit “survivalist” forums (you know the ones).   Although full of a lot of hot air, the forums did provide me with some  useful things such as the idea of building a priority grid: the matrix  where you sort out the most high-likelihood, high-impact events and  prepare for those first.  During my long flights I would work on the  grid and eventually saw that my #1 priority was to prepare for a  recession / layoff.  Dang, and I had wanted so much to prep for an EMP  strike.  Oh well.  But how to prepare?  I’d weathered several recessions  before, and had never been laid off in my life, so I had to think a lot  about what it would mean,  what the impacts would be to my life.  And,  how could I mitigate those impacts?  I put together two lists to deal  with this potentiality: stuff to 
buy and stuff to 
do.
·         Stuff to do:
o   Pay off all debt and save up cash for 6 months of expenses.
o   Write down on paper what an “emergency budget” would be.  It  stripped out all nonessentials like lawn service, cable TV, restaurants,  movies in theaters ,etc.  And I was sure to go through it with Mrs  Stryder to make sure we both knew what to expect and agreed to it BEFORE  anything happened.
o   Always be doing a job search.  Reach out to networks, contacts, former clients, etc.
o   Plant a garden
o   Raise chickens
·         Stuff to buy:
o   Food storage, starting off with 30 days, built out gradually.  I  got to 120 days.  I’d  LOVE to have a year’s supply… still working on  that.
o   Water storage containers:  started off with 7 gal water cans,  would buy one a month, fill & store in dark area.  Eventually Mormon  family next store told me they had a lead on cheap 55 gal barrels &  I got one of those.  Approx. 3 weeks of water stored now, not including  water heater + whatever we could store in Rubbermaid tubs given notice
o   Energy production: my idea was to get  small scale solar panels  to reduce electricity costs during a layoff …. Never got around to doing  this, the cost:benefit ratio was too high.
o   Security:  guns were already taken care of, as I suspect they are  in any self-respecting “prepper’s” home.  I took over 300 hours of self  defense / tactical firearms training as well, in addition to edged  weapon and mixed martial arts fighting.  Also hardened home with better  locks, security system etc.
Job Situation: bankruptcy and layoff
Fast forward to 2008.  There were strong indicators in the Fall that  my firm was headed for bankruptcy, and we employees knew it.  So, I  started to both “up my preps” as well as seriously look for a job.  My  company was laying off in droves and within six months, 75% of the  company had been let go.  I was still there in Summer of 2009, one of  the last people left in the firm.  I tell you it’s an odd feeling to be  the one to turn out the lights in a corp. you helped build.
I started job searching in the Spring 2009, and had my first  interviews before my official final day, which enabled me to credibly  say in my first interviews that I was still employed.  This was key as  it was 2009 and it was the worst job market in almost 10 years, in a  state (Oregon) with the 2
nd highest unemployment rate in the  country…. Not a good situation so I had to maximize every point of  leverage I had.  When I got “the call,” I was 100% mentally ready and  prepared for it due to all my “preps.”  I can’t say it felt good to be  let go from a place I worked hard to create value in, but I had faced  reality long before, so that when the time came it just felt like an  emotionless business transaction.
From that point onward I put my job search into high gear, and put  the whole emergency budget into effect.  Fortunately my company gave me  two month’s severance pay as well as all my unused PTO (six weeks!  I  told you I worked hard there…) so I made it my goal to not tap into my  emergency fund.  It became like a game for us: I took on the grocery  shopping duties, always looking for the best deals, and we had weekly  challenges to see how little gas we could use.  I’d ride my bike to the  store when possible and Mrs Stryder took the bus to work.  We’d also  shop at “that store”  in “that part of town” where “those people”  normally shop.  Former colleagues of mine – who were themselves out of  work – in contrast shopped at Whole Foods.  I showed them how much  cheaper it was to shop elsewhere but they still managed to rationalize  spending 50%-100% more on groceries just because they like the decor.   Whatever.
Each day I just kept myself busy, with a schedule.  I devoted 4-5  hours of focused time to the job search and the rest of the time was  spent on other worthwhile activities like shopping, tending the garden,  home repairs, reaching out to friends & family, etc.  Having  productive activities each day enabled me to keep from feeling down and  playing the useless “what-if” mental game.
Success!
Within two weeks of my last day, I had my first job offer.  It wasn’t  a place I really wanted to work in, so I held off committing to see if I  would get any other offers.  I had this leverage since I knew that I  could survive / get by for 9-12 month before NEEDING a job.  So I  waited, and within three more weeks, I had two more job offers in hand  that paid more, and better suited to me.  It felt good to not have to  take a job I didn’t want just because I needed a paycheck.
Lessons learned: Debt Reduction and Mindset
When I drove to my first day of work at my new job, I thought, “wow,  my plan really worked!” OK sure I wasn’t in a life or death LA Riots  type situation but … damnit we it was a real SHTF event for us, and we  got through it with minimal impact, due in no small part to the  preparations we had made.
Debt Reduction 
When I first got out of B-school in ‘99, my mindset was way wrong,  having bought into the image that “I have an advanced degree from a top  school and work at a top firm.  Therefore I must live in a ritzy  neighborhood, drive a new car and belong to the country club, and golf  every weekend.”  I realized after some years that that just wasn’t me,  and it didn’t jibe with my desire as a prepper to be secure & safe,  and so I changed my mindset.
I switched from being a conspicuous consumer to being a saver, and  focused on “reducing fixed costs” in accounting-speak.  My work  colleagues couldn’t & still can’t understand why I drive a 10 year  old car, and live in a more affordable neighborhood away from the city.   Whenever they ask, I answer honestly, “because it’s cheaper.”  And that  answer is almost always met with stunned silence, or some  rationalization of why spending more money on a newer car or being  closer to the city helps me enjoy living now.  Ummm, I kind of enjoy my  life actually!
So, Mrs. Stryder and I have long been focused on saving money and  realized the goodies we normally enjoyed (such as maid service, cable  TV, etc) could go away at the drop of the hat.  And because I had socked  away a good amount of $$, and because I was on top of things, the  impact to our lives was minimal.  Despite all that was going on:   unemployed for the first time ever, terrible national economy, worse  local economy, stock market crash, bank nationalizations, TARP, QE 1  & 2, etc., I slept well every night because I knew we’d be OK.  And  that last sentence is to me what the value of being prepared was.
Mindset
Mindset really is key.  But what specifically did that mean for us in  this case?  It meant we simply had it in our minds that we would NOT be  put down by this layoff.  We knew who we were, and that this bizarre  set of circumstances was just a bump in the road of life.  Having the  right Mindset helps you adopt a frame of mind that you keep with you  daily.  You thus train your mind to see opportunities and possibilities –  and take advantage of them – when you otherwise may not have.
What I would have done differently 
Honestly, I don’t know what else I could have done.  I guess the only  other thing I might have done in hindsight was to not be part of the  big Obama Gun Buy of 2008.  I spent a lot of $$$ on that.  But on the  other hand, I wound up getting all the things I had planned to anyway  for “preps,” just earlier than I had planned.
Info that helped me along the way 
·         Financial:  
Millionaire Next Door, Dave Ramsey radio show.  
Rich Dad Poor Dad was OK but you can sum up the entire book in about a paragraph.
·         Real world survival in an economic decline:  FerFAL of course!
·         Mindset: Listening to Katrina (“Keep Moving Forward”), Cody Lundin’s 
98.6 Degrees and 
When All Hell Breaks Loose for his phrase “Party On”
·         Gardening:  
Square Foot Gardening, Jack Spirko’s podcast.
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