Robbie (Forum Supporter) said:
In reply to Opti :
It seems like you put a lot of thought into this and have some cool stuff going.
Do you also prepare for possible futures with things like insurance policies, political involvement, business development, personal skill/knowledge building, something else?
My personality makes me a "here and now" problem solver but some people are really good at thinking about the future. Would love to hear some ideas.
I havent put much thought into it at all. Truthfully in my personal life im not very proactive Im pretty reactive. My wife is the planner. If I have to fix something the goal is to fix it for good if possible.
We finally bought a place we planned to stay in for a while and then we just started addressing things as they came up. I do pay close attention to politics and im not a big fan of where things are headed so we decided to insulate ourselves from things we have a little control over as much as possible.
We had a bad freeze down here in TX and lost power. So I went and bought a generator.
The gas company after the freeze said going forward if it happens again we can cut off your gas. So I got a tank
We had a bad drought last year and everyone was on water restriction. I lost most of my yard (i take really good care of my yard) and a couple trees. Some friends worried about keeping their livestock watered because of dropping well levels. Luckily I live in a very old home and found the original well and put it back in service and we started water reclamation. Now if we have another drought the city cant tell me how much water I can use. I am a conservationist so I wont be blowing through water or anything but my crops and trees will survive.
Food prices started skyrocketing and randomly I couldnt get chicken, beef, pork, or jalapenos. Ive always hunted so Ive always had a freezer full of venison, but I thought berkeley it with a little bit of work I have access to all of this stuff. I found a processor and I shoot deer, and buy pigs, goats, and cows with friends and family. Sometimes from local ranchers but if the time is right I like to buy from the high school kids at the local stock show to support the community. I currently have a steer and pig at the processor. For fruits and nuts I started with year round stuff so I dont have to replant every year. Currently have limes, peaches, pears, apples, black berries, asian persimmons, grapes and pecans. I do the yard work so I just incorporated maintenance into my normal yard/property routine. I built my wife a greenhouse and she deals with the vegetables and she started canning
I have a huge pear harvest every year and Im not a big fan of pears. Was talking to my neighbor about it and he told me a bunch of the neighborhood does similar stuff and they trade with each other, so he told me I could give away all my excess stuff for things I dont have. I was staring at all the pears and realized I wouldnt use them, and another buddy told me he had a still he had moved to a bigger one, so he sold it to me real cheap and this year I plan to distill a bunch of it and just see if I can find a use for alcohol. Wife wants it as an antiseptic. I want to try and run my lawnmower off of it. The family has made whiskey for generations, so ill probably try and make a batch of hooch out of it.
A friend was talking about they used to keep bees and it was easy, so we are going to try that. If i can get some honey, I dont need sugar, so its one more thing I dont have to buy.
The house is close to needing a roof, so probably this year we will go to a metal roof (one more thing not to worry about) and then put solar on. Im not a fan of solar on a macro level, but with a little work and some Tesla batteries, I should be able to run the whole house off of it, and at least if this inflation keeps up Ill be able to buy my energy at todays dollars and lock in a price for the foreseeable future.
I dont think about it much, most of my solutions came from talking to people. I was talking to my neighbor about the schools around here and he said he is a part of an education coop (?). A couple of parents got together and hired a couple of teachers leaving the public school system, so the students get more time with the teacher and its a better situation for the teacher. I talked to another friend and hes got an in at a local private school.
I was doing some repairs on a rental property and the house across the street had recently sold but never put on the market, and most of the neighbors had been eyeing it trying to buy it. I saw the new owner working on it, so I went over helped a little bit and talked to it, by the end of it we had talked about our real estate strategies and his was much better than mine. He had purchased 18 homes in the last 4 years and maintained renters well and got a good price per sq/ft.
What im getting at is people are much smarter than me and have solved all of my issues already and my experience is they are more than willing to share them or help.
For insurance, my experience is it will rarely make you whole, so i have insurance where it is required and I have insurance to protect my wife if something happens to me. She is more than capable without me though and will be just fine.
I do business development consulting for a living.
My personal skill development has largely come from me being too cheap to pay people to do things or deal with shoddy work. I worked in automotive for a while, and developed my automotive skills there. My first house was cheap and old, and my whole family is in construction so with a little direction and youtube I renovated the entire thing myself.
I really spend most of my time talking about cars and politics or trading favors or work with friends, neighbors or family.
We have the summation of human knowledge at our fingertips, Im always surprised about the random things I can learn about while my wife is watching TV or reading a book