Comments on: Turn Paranoia Into Plan B (Because Things Might Get Worse) http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/ Common sense advice on money saving tips, how to get out of debt, high interest savings accounts, cd rates, money market accounts, mortgage rates, money management and more. Wed, 19 Jun 2013 03:44:32 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Diedra B http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1894452 Diedra B Mon, 10 Oct 2011 20:07:13 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1894452 I know where some of the better soup kitchens are. I hope I wouldn't have a pride problem as I feel the people who come there are my equals. I feel inspired by some commenters that I should learn some solid, timeless, survival skills. I know where some of the better soup kitchens are. I hope I wouldn’t have a pride problem as I feel the people who come there are my equals.

I feel inspired by some commenters that I should learn some solid, timeless, survival skills.

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]]> By: marian http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1894262 marian Mon, 10 Oct 2011 18:25:25 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1894262 My husband & I have excellent credit & could charge necessities for quite a while & afford to make the minimum payment until we were back on our feet. Our card is 11% and that's a lot cheaper than withdrawing from one's retirement acct. This is counter to most advice; we did charge quite a bit in 2003 due to a layoff and our finances recovered fine. We have a bigger emergenc6 fund then we did then. We also have about 3 weeks of food. but A year's worth & guns & ammo. My security is in my neighbors & my church. I can go to them for help and they can come to me. We swap what we need. I believe in the constitutional right to bear arms & defend oneself. If there was a stalker after me I'd get a gone before I'd get a restraining order. But to sit in my cellar waiting for the marauders to come? Oh dear. Get out, meet people and join a bartering group. Make new skills. But remember, you can't control everything! My husband & I have excellent credit & could charge necessities for quite a while & afford to make the minimum payment until we were back on our feet. Our card is 11% and that’s a lot cheaper than withdrawing from one’s retirement acct. This is counter to most advice; we did charge quite a bit in 2003 due to a layoff and our finances recovered fine. We have a bigger emergenc6 fund then we did then. We also have about 3 weeks of food. but A year’s worth & guns & ammo. My security is in my neighbors & my church. I can go to them for help and they can come to me. We swap what we need. I believe in the constitutional right to bear arms & defend oneself. If there was a stalker after me I’d get a gone before I’d get a restraining order. But to sit in my cellar waiting for the marauders to come? Oh dear. Get out, meet people and join a bartering group. Make new skills. But remember, you can’t control everything!

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]]> By: Debbie http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1891052 Debbie Sat, 08 Oct 2011 12:00:50 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1891052 Hand me the fleece off a sheep's back and I can give you a handwoven (or knitted) wool coat. Now, it make take me a year, but I have the skills to do it. Spinning, weaving, knitting and sewing are all hobbies for me now, but it's comforting to know that as I enjoy them, I'm honing my survival skills. As someone here said earlier, I think about such things not with emotion but as an intellectual exercise. My husband, however,has been hoarding guns and ammo for years... Hand me the fleece off a sheep’s back and I can give you a handwoven (or knitted) wool coat. Now, it make take me a year, but I have the skills to do it. Spinning, weaving, knitting and sewing are all hobbies for me now, but it’s comforting to know that as I enjoy them, I’m honing my survival skills. As someone here said earlier, I think about such things not with emotion but as an intellectual exercise. My husband, however,has been hoarding guns and ammo for years…

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]]> By: Natalie @ Mango http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1889972 Natalie @ Mango Fri, 07 Oct 2011 20:36:37 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1889972 A healthy dose of paranoia might mean the difference between being prepared and being caught off guard. Although paranoia might be a little strong... I'm going to go with... vigilant! And it isn't just the economic world that is unpredictable right now-- it is the world at large. Okay, that statement might be enough to send some people running for the cellar or something, but I'm just saying, prepare yourself for the unexpected, and then get on with your life! For example, for all of the people affected by natural disasters every year-- if they are prepared with renters' or home owners' insurance, they can rest assured that their things will be taken care of should anything happen to happen; they can move on. At Mango Money we did a post on just that: being prepared for disaster. Check it out. And remember, it's not paranoia... it's being vigilant! http://www.mangomoney.com/blog/how-to/preparing-for-disaster A healthy dose of paranoia might mean the difference between being prepared and being caught off guard. Although paranoia might be a little strong… I’m going to go with… vigilant! And it isn’t just the economic world that is unpredictable right now– it is the world at large. Okay, that statement might be enough to send some people running for the cellar or something, but I’m just saying, prepare yourself for the unexpected, and then get on with your life! For example, for all of the people affected by natural disasters every year– if they are prepared with renters’ or home owners’ insurance, they can rest assured that their things will be taken care of should anything happen to happen; they can move on. At Mango Money we did a post on just that: being prepared for disaster. Check it out. And remember, it’s not paranoia… it’s being vigilant! http://www.mangomoney.com/blog/how-to/preparing-for-disaster

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]]> By: Deb http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1888642 Deb Fri, 07 Oct 2011 10:00:03 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1888642 Oh no! I hadn't thought of that! :::wringing hands::: Oh no! I hadn’t thought of that! :::wringing hands:::

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]]> By: Deb http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1888612 Deb Fri, 07 Oct 2011 09:51:21 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1888612 At one time, not too long ago, my mind was full of thoughts and Doomsday scenarios, as #15, Penny Pincher, well described. Images of of post-economic-collapse America filled my brian, complete with starving, marauding hoards of gun toting criminals. I realized that my awefulizing had evolved into a serious case of `catastrophizing'. I decided to take action by first assessing our financial situation with our advisor. I was assured that were we to lose our jobs, we could get by for 6 months on our cash savings and a streamlined budget. Nearly a year if just 1 of us received unemployment. Whew! We both keep current with our work skills and always grab at the opportunity to get free training or further education. We're fortunate to work in industries that are booming and that have shortages in qualified employees. Employment outlook in these sectors is well above average for the next decade. We purchased 3 months of emergency food supplies that have a 15 yr shelf life, and supplemented those with other dried goods. Cellar storage house on property. Okay. Guns & ammo - hubby already has plenty of(hobby and former hunter). Though I'm not a gun fan, I have learned how to handle one confidently. Check. Stashed cash on hand, 3 months worth of extra meds in the cabinet. Done. We already garden and preserve. Currently building a greenhouse. We restock every year on heirloom seeds and canning supplies. Awesome! Creek on property, water treatment kit on hand. Woodstove and plenty of wood stored away for heat & cooking if necessary. Good. If need be, we could rent our house out or let family have the house while we live in the camper. Our shop also could accomodate friends & family, has a woodstove and bathroom, etc. All that's left to do is...LIVE AND ENJOY LIFE. Honestly, prepare as well as you can. Obiously I'm all for that. Make a plan, share and discuss with family and friends. Keep your work skills current, and learn to be at least somewhat self sufficient. Learn a skill or two so you can barter or diversify if necessary. But most importantly, enjoy life as best you can. It's filled with what ifs, and always will be. IMHO, if this country were to collapse, we'd all be in good company, wouldn't we? My hope is that we would find a way to help and sustain eachother, and not do harm. Will Rogers said it best ... "worrying is like paying on a debt that may never come due". At one time, not too long ago, my mind was full of thoughts and Doomsday scenarios, as #15, Penny Pincher, well described. Images of of post-economic-collapse America filled my brian, complete with starving, marauding hoards of gun toting criminals. I realized that my awefulizing had evolved into a serious case of `catastrophizing’.

I decided to take action by first assessing our financial situation with our advisor. I was assured that were we to lose our jobs, we could get by for 6 months on our cash savings and a streamlined budget. Nearly a year if just 1 of us received unemployment. Whew! We both keep current with our work skills and always grab at the opportunity to get free training or further education. We’re fortunate to work in industries that are booming and that have shortages in qualified employees. Employment outlook in these sectors is well above average for the next decade.

We purchased 3 months of emergency food supplies that have a 15 yr shelf life, and supplemented those with other dried goods. Cellar storage house on property. Okay.

Guns & ammo – hubby already has plenty of(hobby and former hunter). Though I’m not a gun fan, I have learned how to handle one confidently. Check.

Stashed cash on hand, 3 months worth of extra meds in the cabinet. Done.

We already garden and preserve. Currently building a greenhouse. We restock every year on heirloom seeds and canning supplies. Awesome!

Creek on property, water treatment kit on hand. Woodstove and plenty of wood stored away for heat & cooking if necessary. Good.

If need be, we could rent our house out or let family have the house while we live in the camper. Our shop also could accomodate friends & family, has a woodstove and bathroom, etc.

All that’s left to do is…LIVE AND ENJOY LIFE. Honestly, prepare as well as you can. Obiously I’m all for that. Make a plan, share and discuss with family and friends. Keep your work skills current, and learn to be at least somewhat self sufficient. Learn a skill or two so you can barter or diversify if necessary.

But most importantly, enjoy life as best you can. It’s filled with what ifs, and always will be. IMHO, if this country were to collapse, we’d all be in good company, wouldn’t we? My hope is that we would find a way to help and sustain eachother, and not do harm.

Will Rogers said it best … “worrying is like paying on a debt that may never come due”.

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]]> By: Brad http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1888562 Brad Fri, 07 Oct 2011 09:21:22 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1888562 I have so many friends living paycheck to paycheck. They never listen when I try to get them to start saving. Sadly some people just need to got through an emergency before they'll know to be prepared. I have so many friends living paycheck to paycheck. They never listen when I try to get them to start saving. Sadly some people just need to got through an emergency before they’ll know to be prepared.

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]]> By: Deb http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1888492 Deb Fri, 07 Oct 2011 08:39:25 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1888492 Crazy about the Yeats quote and plan on sharing it with my mother as it is definitely her motto. This apple didn't fall far from that tree either, unfortunately! :) Crazy about the Yeats quote and plan on sharing it with my mother as it is definitely her motto. This apple didn’t fall far from that tree either, unfortunately! :)

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]]> By: Linear Girl http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1887972 Linear Girl Thu, 06 Oct 2011 22:27:53 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1887972 As with all else, moderation is the key. It's another cost/benefit analysis. Bringing a rain tarp on my camping trip when the weather calls for sunshine is easy and takes little space. Camping (or packing to leave) in the soaking rain is miserable enough to make the simple Plan B prep really sensible. Some take it to what seems an extreme, always planning for Doomsday to the exclusion of enjoying today. I just figure that those folks like to plan, they feel superior to those with less of an eye to the future, and they consort with other of a like mind. I want to find balance. Now that I've read your comments I've decided that if I get to they buying gold and bullets, I'm going to do it in Paris. As with all else, moderation is the key. It’s another cost/benefit analysis. Bringing a rain tarp on my camping trip when the weather calls for sunshine is easy and takes little space. Camping (or packing to leave) in the soaking rain is miserable enough to make the simple Plan B prep really sensible.

Some take it to what seems an extreme, always planning for Doomsday to the exclusion of enjoying today. I just figure that those folks like to plan, they feel superior to those with less of an eye to the future, and they consort with other of a like mind.

I want to find balance. Now that I’ve read your comments I’ve decided that if I get to they buying gold and bullets, I’m going to do it in Paris.

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]]> By: Annemarie http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1887092 Annemarie Thu, 06 Oct 2011 14:51:07 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1887092 That Yeats quote is now our new and improved family motto. So perfect. That Yeats quote is now our new and improved family motto. So perfect.

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]]> By: Sara http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1886972 Sara Thu, 06 Oct 2011 14:27:01 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1886972 Part of my worse case scenario plan always includes taking care of myself - regular exercise, a high quality diet, relaxation and meditation. I also spend time and money investing in new skills. Even in a down economy, there are still opportunities. Hey, I bet that the economic downturn was great for the bottom line at Get Rich Slowly (and other frugal blogs)! Part of my worse case scenario plan always includes taking care of myself – regular exercise, a high quality diet, relaxation and meditation. I also spend time and money investing in new skills. Even in a down economy, there are still opportunities. Hey, I bet that the economic downturn was great for the bottom line at Get Rich Slowly (and other frugal blogs)!

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]]> By: Courtney http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1886482 Courtney Thu, 06 Oct 2011 12:43:08 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1886482 I have this too, but I'm a bit more of a Pollyanna so it's just called 'Minimal Budget'. It's our 1-income budget (the smaller of our two incomes) and it's not lavish, but it gets the bills paid with a tiny bit extra. I have this too, but I’m a bit more of a Pollyanna so it’s just called ‘Minimal Budget’. It’s our 1-income budget (the smaller of our two incomes) and it’s not lavish, but it gets the bills paid with a tiny bit extra.

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]]> By: getagrip http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1886452 getagrip Thu, 06 Oct 2011 12:19:05 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1886452 Don't remember who wrote this, but I've always found it applicable: Hope for the best, expect the worst. Life's a play and we're unrehearsed. Don’t remember who wrote this, but I’ve always found it applicable:

Hope for the best,
expect the worst.
Life’s a play
and we’re unrehearsed.

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]]> By: imelda http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885702 imelda Thu, 06 Oct 2011 04:08:41 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885702 And herein lies my dilemma. I'm crazy/paranoid enough to worry about all that stuff, but not crazy/paranoid enough to do anything to prepare for it. So instead I just stress. And herein lies my dilemma.

I’m crazy/paranoid enough to worry about all that stuff, but not crazy/paranoid enough to do anything to prepare for it.

So instead I just stress.

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]]> By: Lisa http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885552 Lisa Thu, 06 Oct 2011 02:28:50 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885552 We have resorted to a plan B on a few occassions. It was called the "fly by the seat of your pants" plan. It didn't turn out so well. We used up savings, went without prescription meds (insulin), went without food and pretty much limped along in hopes of finding work. We recently had to resort back to Plan B due to job loss (again) and in the end, we did better this time around, since we had savings built back up as well as meds/food. Our situation is still rough, since it split up the family. But paranoid or not, it's ok to think of the worst case scenario and figure out how to overcome it. Live and Learn. We have resorted to a plan B on a few occassions. It was called the “fly by the seat of your pants” plan. It didn’t turn out so well. We used up savings, went without prescription meds (insulin), went without food and pretty much limped along in hopes of finding work. We recently had to resort back to Plan B due to job loss (again) and in the end, we did better this time around, since we had savings built back up as well as meds/food. Our situation is still rough, since it split up the family. But paranoid or not, it’s ok to think of the worst case scenario and figure out how to overcome it. Live and Learn.

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]]> By: Justin | Mazzastick http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885512 Justin | Mazzastick Thu, 06 Oct 2011 01:37:08 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885512 There is a lot of food for thought in this post. I have implemented some of the ideas in your post. There is a lot of food for thought in this post. I have implemented some of the ideas in your post.

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]]> By: Marsha http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885482 Marsha Thu, 06 Oct 2011 01:19:20 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885482 This used to be my attitude. But then I had children. When I was young and childless, I was only hurting myself if my plans fell through. There's lots more at stake now. This used to be my attitude. But then I had children. When I was young and childless, I was only hurting myself if my plans fell through. There’s lots more at stake now.

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]]> By: Diane http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885182 Diane Wed, 05 Oct 2011 21:48:44 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885182 LOL, I call mine the Layoff Budget. Good article I picked up a few things I can add to my layoff budget. LOL, I call mine the Layoff Budget.

Good article I picked up a few things I can add to my layoff budget.

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]]> By: Lisa http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885142 Lisa Wed, 05 Oct 2011 20:53:18 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885142 People who are prepared for a disaster tend to survive it better. In the heat of the moment, it can be hard to create a good plan, but a lot easier to implement one sitting on the shelf. Increasing income, diversifing income, cutting expenses and diversifying investments are all good financial strategies. Learning practical skills, knowing your neighbors, and keeping supplies on hand are also helpful. People who are prepared for a disaster tend to survive it better. In the heat of the moment, it can be hard to create a good plan, but a lot easier to implement one sitting on the shelf.

Increasing income, diversifing income, cutting expenses and diversifying investments are all good financial strategies. Learning practical skills, knowing your neighbors, and keeping supplies on hand are also helpful.

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]]> By: shash http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885112 shash Wed, 05 Oct 2011 20:44:52 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885112 Here: http://www.amazon.com/Zombie-Survival-Guide-Complete-Protection/dp/1400049628 Now you're ready for everything. :) Here:

http://www.amazon.com/Zombie-Survival-Guide-Complete-Protection/dp/1400049628

Now you’re ready for everything. :)

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]]> By: Krishanu http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885092 Krishanu Wed, 05 Oct 2011 20:38:01 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885092 The same adage: Hope for the best, but think (and prepare) for the worst. Good article! The same adage: Hope for the best, but think (and prepare) for the worst.

Good article!

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]]> By: First Gen American http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885072 First Gen American Wed, 05 Oct 2011 20:29:45 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885072 Whenever my husband goes into a crowded room, he instinctively looks for the emergency exits. Just knowing where they are puts him at ease. I think the same can be said for financial contingency plans. If you know you can make it out that door to financial solvency by eliminating A, B, C and D, then that's all you need to know to give you piece of mind. If eliminating those things still leave you in a precarious position, then you need to beef up your emergency fund or take more drastic measures come emergency time. Great article Whenever my husband goes into a crowded room, he instinctively looks for the emergency exits. Just knowing where they are puts him at ease.

I think the same can be said for financial contingency plans. If you know you can make it out that door to financial solvency by eliminating A, B, C and D, then that’s all you need to know to give you piece of mind. If eliminating those things still leave you in a precarious position, then you need to beef up your emergency fund or take more drastic measures come emergency time.

Great article

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]]> By: El Nerdo http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885062 El Nerdo Wed, 05 Oct 2011 20:23:27 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885062 I wouldn't worry, Jor-El has a plan of his own. I wouldn’t worry, Jor-El has a plan of his own.

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]]> By: 29 and holding http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1885052 29 and holding Wed, 05 Oct 2011 20:05:23 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1885052 Perhaps your Plan B should include your parents moving into your garage or something? ;) Perhaps your Plan B should include your parents moving into your garage or something? ;)

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]]> By: Krantcents http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1884982 Krantcents Wed, 05 Oct 2011 19:37:38 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1884982 I think it just makes good common sense to have a plan B. Taking a good hard (realistic) look at your situation won't hurt either. I think it just makes good common sense to have a plan B. Taking a good hard (realistic) look at your situation won’t hurt either.

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]]> By: El Nerdo http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1884962 El Nerdo Wed, 05 Oct 2011 19:17:00 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1884962 And yet, hanging out with the people at the Planetarium can be a hobby. And yet, hanging out with the people at the Planetarium can be a hobby.

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]]> By: Tyler Karaszewski http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1884952 Tyler Karaszewski Wed, 05 Oct 2011 19:04:50 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1884952 Every dollar (and hour) spent on preparedness for extremely unlikely scenarios is an opportunity cost for all the other things you could be doing. Want to go on vacation in Paris, or remodel your kitchen? Sorry, can't, spent my money on bullets and gold coins. Want to spend the afternoon having a picnic in the park? Sorry, can't, busy formatting "plan B" scenarios. Overdoing "preparedness" is economically inefficient. Every dollar (and hour) spent on preparedness for extremely unlikely scenarios is an opportunity cost for all the other things you could be doing. Want to go on vacation in Paris, or remodel your kitchen? Sorry, can’t, spent my money on bullets and gold coins.

Want to spend the afternoon having a picnic in the park? Sorry, can’t, busy formatting “plan B” scenarios.

Overdoing “preparedness” is economically inefficient.

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]]> By: El Nerdo http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1884942 El Nerdo Wed, 05 Oct 2011 18:59:26 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1884942 I don't mind expecting disgraces on a hypothetical level, however, I like to do this on an intellectual level, not an emotional one. At heart, I'm an optimist, intellectually, I'm of the mind that anything can happen, so why not. Speaking of which, I need to alien-proof my winter insulation. Orgone rays are not something to be messed with. I don’t mind expecting disgraces on a hypothetical level, however, I like to do this on an intellectual level, not an emotional one. At heart, I’m an optimist, intellectually, I’m of the mind that anything can happen, so why not.

Speaking of which, I need to alien-proof my winter insulation. Orgone rays are not something to be messed with.

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]]> By: Tyler Karaszewski http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1884902 Tyler Karaszewski Wed, 05 Oct 2011 18:36:59 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1884902 "I’m always afraid that something awful is around the corner, especially when it comes to my personal finances and the overall economy." I'm not like that at all. I pretty much just think everything's going to work out and will be OK. So far, it always has. If one day it doesn't? Well then I die, or move into my parents garage or something. I don't know, I'm sure it will be OK. “I’m always afraid that something awful is around the corner, especially when it comes to my personal finances and the overall economy.”

I’m not like that at all. I pretty much just think everything’s going to work out and will be OK. So far, it always has.

If one day it doesn’t? Well then I die, or move into my parents garage or something. I don’t know, I’m sure it will be OK.

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]]> By: Marsha http://www.getrichslowly.org/blog/2011/10/05/turn-paranoia-into-plan-b-because-things-might-get-worse/comment-page-1/#comment-1884892 Marsha Wed, 05 Oct 2011 18:35:39 +0000 http://www.getrichslowly.org/blog/?p=105952#comment-1884892 I believe I am an optimist at heart, or perhaps a realist with a positive frame of mind. However, one thing that helps maintain my positive attitude is always having contingency plans. If I have plans for the worst-case scenarios, then I can relax and enjoy life. If this makes me an awfulizer, then so be it. I believe I am an optimist at heart, or perhaps a realist with a positive frame of mind. However, one thing that helps maintain my positive attitude is always having contingency plans. If I have plans for the worst-case scenarios, then I can relax and enjoy life. If this makes me an awfulizer, then so be it.

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