The $100 Prep Challenge-Part 1

May 1st, 2011 . by Felix

Many people are aware they should stock up on food and supplies just in case, but most are not sure where to start, how much they need or what to buy. Others think they have to spend thousands for a years supply of dehydrated food so they never start. Others say they don’t have any extra money. So what to do?
My challenge was to first come up with an extra $100 and then to see how much bang I could get for that $100.
Like the majority of people you are probably living paycheck to paycheck and to come up with an extra $100 might as well be another $1000. It is best to take action today, if you wait another month or two to save up or come up with the money, it may be too late.  Here are several ideas for coming up with extra cash.

  • Find 10 things around the house you can sell on ebay or craigslist for $10 each.
  • Cash in your piggy bank of loose change.
  • Take your extra stuff and sell it at a flea market
  • Take a day job that pays cash.
  • Offer your services on craigslist, handyman, lessons, errands, etc. If you have a pickup or van, there are always people who buy things on craigslist and have no way of getting them home. Offer to pick up and deliver them for $25-$50
  • Sell plasma. If you live near a blood plasma center and have a few hours to kill you can pick up $30-$50 a week.
  • Ideas that are less desirable but will do in a pinch include a payday loan, selling to a pawnshop, cash advance on credit card or just use your credit card, borrowing from a friend or relative.
  • Panhandle on the street corner

Now you may be thinking I am not going to do any of these, I don’t have the time, I don’t have anything anyone would want to buy. If you are serious about getting your house in order and preparing for uncertain times than you must start. As you have already experienced, food and gas prices are going up and it is not going to get any better. Once you start you will feel like a burden has been lifted off your shoulders, you will sleep better knowing if something happens you are more secure because you have extra food on hand. You won’t have to stand in line for a handout or fight other people in the grocery stores for the remaining can goods.

Start today, write down your plan and set your goals to prepare for tomorrow.

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