Most Americans Can't Afford A $1,000 Emergency Expense

Most Americans can’t afford a $1,000 emergency expense – Aug. 10, 2011

Prepping isn’t just about doom and gloom, it’s about surviving the things that everyday life throws at you.

We’ve talked about the various levels of disasters on several podcasts and how the personal level are the most likely to occur to you. Things like car repairs and sick children are just a couple of things that come to mind. Most of us have family in another state, if you need to take an emergency flight to be with them, it’s expensive to buy last minute plane tickets.

If you don’t already have an emergency fund, start saving for it now. If you do have an emergency fund, keep adding to it. One thing I do is when my emergency fund grows large enough, I take some of that and convert into silver.  It’s still easy to liquidate, but also retains the value of that savings.

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