The wisdom behind having enough money all the time is comprised in the spend-less-than-you-earn mantra. But even if you manage to save a certain amount of money by applying this policy, the question is how to ensure that the money you put aside is properly kept. Also, you should always bear in mind that a time could come when money could lose its worth. So, what strings can you pull to transform your saved money into tangible goods for a potential black future?
Buy household appliances
Imagine that one day you wake up only to realize that all the money you have saved on your bank accounts has been lost. To avoid such an outcome, you should not let all the saved money rest in the bank. On the contrary, you should invest part of the savings in different household appliances and machines, such as an electric generator and a wood-burning stove. Also, having a bread maker in your home in case of a terrible social riot is much more important than having $1000 on your bank account.
Personal health maintenance
Whenever you have made more money than you need for that month, always invest it in your health. Be it regular teeth checks or investing in your physical strength, turning your money into a tangible physical value will mean a lot for your future. If it happens that we all have to do physical jobs, because the companies that operate in the tertiary and the quaternary sectors cease to exist, those of us who are stronger will have better chances to survive and secure their existence. It might seem like a far-fetched prediction, but the uncertainty on the global level could produce such dramatic events.
Precious tangible valuables
Precious metals have always been much appreciated as surrogates for paper money. Just like household appliances and other machines that turn the value of the invested money into something practical and useful, buying items of jewelry made from precious metals is better than saving your money under the mattress. For larger amounts of money, think about getting 100 oz gold bars and taking them with you if you have to move due to social or political unrest.
Get a spare home abroad
If you really want to leave some room for escape in case of emergency, you should buy a spare home out of your home country or state. Today the world is more connected than ever, so moving to a new country is not such a big deal anymore. Of course, you have to consider all the pros and cons of different locations to opt for the most suitable and affordable one. Here is a list of best locations in the world to buy a property, made by the Telegraph. The best thing is that houses and apartments in those countries do not cost an arm and a leg, but ordinary people can afford them, as well. In addition, always have enough cash at home to buy a plane ticket to get there.
A black scenario on the global scale is something that should not affect our everyday life, but we should have some alternative solutions in case it happens. Giving your money a tangible form is the best way for surviving such circumstances and starting over without too many difficulties.