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financial self-sufficiency: how self-sufficiency effects personal finances

Many times people find themselves unprepared for an event that puts a strain on their bank account or ability scrounge up funds to pay for even some basic things. At times like this we think to ourselves “I wish I could do something differently so that I could save some money on this or that”. Learning financial self-sufficiency requires changing one’s thinking and maybe even living habits or daily rituals so that money can be saved, obligations or emergencies covered, stress can be relieved and life lived.

My aim in this article is to help with advice and direction in others’ journey to this destination of financial self-sufficiency through planning, budget, self-control, action, being proactive and thinking ahead.

Defining financial self-sufficiency

Let’s define practical thinking: It is defined as; ways to adapt to your environment or changing your environment to fit you, so that you are able to pursue a goal.

There are a few different ways to define financial self-sufficiency. One way I would define it is changing your financial environment to fit to you and your financial needs, such as not needing a lot of money to have the necessities of life and be happy. Living frugally, keeping your own personal cost of living down and providing as much as you can for yourself such as I have touched on some of these topics in other articles here on Being Prepared Today.

An Entrepreneur is one example of financial self-sufficiency. Finding new ways to actively generate or make money work for them creates Financial self-sufficiency. By doing so, they do not depend on a company, corporation or the government for their well-being or social survival. They are supporting themselves.

Educate yourself on various topics so you have the know-what and know-how to get things done. I have linked here in the picture, a book called The Ultimate Self-Sufficiency Handbook. It will be of immense help in any goal to be educated in certain areas of getting things done for yourself, your family and your self-sufficiency.

Frugal living and penny-pinching can help financial self-sufficiency

Cutting unnecessary spending, eating only home-cooked meals and leftovers as much as possible as well as saving any extra money as often as you can will lead you to this frugal lifestyle that is a staple of financial self-sufficiency and independence.

Growing a garden every year and learning how to store, can and jar foods will save you some money in the long run.

Buy certain non-perishable foods when they’re on sale and have a rotating food or cold storage.

That doesn’t mean to live like you’re broke by any means. It means to live smart, not beyond your means and build a lifestyle that suits you while at the same time having everything you need.

Be debt free – save first spend after. Even if you need to take out a loan or borrow money, pay it off as fast as possible. You will save money on interest by shortening the length of your loan payments.

Set goals or objectives. Take action so that your actions become habits. This is by far one of the most effective moves you can make towards being effectively financially self- sufficient.

Living off the land

This is one that a lot of people think of when the term ‘self-sufficiency’ is spoken. It is also another very effective way towards that goal of independence.

Growing your own food is effective because you not only save money on food from the grocery stores, you know where that food came from and how it was treated. Or rather, not treated with harsh chemicals and poisons. It can be a clean source of wholesome foods for you and your family.

Hunting game and raising animals such as chickens, cattle or pigs provides meat and eggs and usually doesn’t cost outrageously to keep them fed. Nor do you need tons of land to do it. So many people choose to raise Hens in their backyard because of the price of food and eggs inflating to ridiculous heights. Check your local laws concerning this however!

A lot of people here in America are still living off the land as much as possible and an increasing number of people are learning to grow food for themselves. There is a movement happening now, as folks want to be food secure.

Farmers and homesteaders

Homesteaders are ultra efficient in their methods because most have had the traditions passed down in their family for generations. Don’t let that discourage you as you can always learn for yourself and from others!

Food prep for winter is a skill that you can definitely start practicing. Plenty of people still jar and can their own foods from their gardens for winter and even all year ’round use. Pickling and preserves/jams are the most common but you can also do salsa, tomatoes, fruit and pie fillings too. Smoking and curing meats is a skill that some have perfected into an art form. Myself, I love smoking meats and making jerky on my smoker.

There are markets called farmers markets or town markets. Some participate in markets to bring in cash to support the rest of the farm/homestead as outlined below. They produce or craft wares that will be sold at these local farmers market

Small business and entrepreneur

Small businesses support can their lifestyle by selling or bartering surplus of goods, whether grown or handcrafted. Doing the small business thing if you have surplus of items, you will even bring in a bit of extra cash if there is a decent demand for what you are creating.

There are plenty of ways to bring in a supplemental income online as well by e-commerce, drop shipping and even affiliate marketing. This requires some measure of creativity and ambition so check it out and see if you have what it takes! you could open the door to so many possibilities.

financial self-sufficiency
Farmers Market

Families or homesteads will participate in farmers markets, own nurseries for trees and plants as well as buy and sell livestock and animals. They are the backbone of communities and can be the ultimate example of independence and self-sufficiency. A lot of times you will buy products that you never knew were produced by families or small businesses like these.

My Conclusions

This shouldn’t intimidate or overwhelm you or make you think ‘Hillbillie’ or anything like it. If anything you gain an appreciation for the natural cycle of the world and of life in general. You will learn quite a few cool things about self-sufficiency along the way and be knowledgeable in these areas.

There are plenty of other ways to save money and cut back on costs of various things such as biking or walking whenever you can, saving and recycling aluminum and other metals as well as line drying clothes and composting. All these things if done right, will save money and help you provide for yourself and your family. Whatever choices you make, with commitment, a little hard work and forward thinking your path will lead you to the independence you seek.

I hope you have found this article to helpful and informative. If you have any comments, questions or input please do so in the box below.

Thanks.

This article contains Affiliate links through which, when clicked on, I may make a commission from any purchases made.

Seed banks and seed storages

Collecting seeds is a good hobby. It is even a preparedness skill. Saving for a garden in the near future or saving for hard times to come. Whichever your purpose for saving seeds might be it is a good idea to read up on the storability of each and know what you are doing. Planting a bunk seed is always disappointing. I’ve done it a few times and learned the hard way that seeds only keep for so long and that most have a germination process. From corn to melons to tomatoes, each seed is unique in size and shape. Here are some basics to Seed banks and seed storages.

Seed banks
Various seeds for storing

Storing in your Seed bank

Most seeds may be kept in a plastic Ziploc or similar, however there are some seeds which do require a paper bag or something neutral that will let it breathe. You don’t want your seeds to get moldy. Seeds that are store bought are usually in a paper type of pouch or packaging.

Personally my wife and I keep ours in a shoe box, in bags all labeled because we get a lot of ours from the fruits and veggies we eat. I probably don’t have to explain that one to you. It’s fairly simple. Every spring we go through them all and throw away the shriveled and bad ones and every couple years we start certain seed collections completely over. Be observant and check them out a couple times a year, they are definitely not like food and won’t spoil in the same way.

We have planted bunk seeds quite a few times and we still don’t have it down perfect but we do our best. Persistence and observance is the key. Also, if you buy your gardening seeds that produce foods from a store the package should have full details on what you are planting as well as care for it.

Seed banks
Commercial seed bank

Professional or commercial seed banks store seeds to preserve genetic diversity; hence it is a type of gene bank. Of the many reasons to store seeds, one is to preserve the genes that plant breeders need to increase yield, disease resistance, drought tolerance, nutritional quality, taste, etc. Another is to forestall the loss of genetic diversity in rare or imperiled plant species in an effort to conserve biodiversity.

Many plants that were used centuries ago by humans are used less frequently now and seed banks offer a way to preserve that historical and cultural value.

Location and conditions

Really, seeds prefer a cool dry room or closet to be stored in. A cold storage or concrete room would be the usual suspect and that is where we keep ours, along with most of our canned and dry food storage.

Other kinds of foods have to be seeded by root. Collecting roots and storing them in the proper place is semi crucial too. A root cellar needs to be cool, dark and slightly damp to help keep roots good. Proper packing material for the type of roots stored need observance. For instance, Potato storage containers can range from cardboard boxes to special baskets made of burlap.

Knowing what to plant when…

Seed banks
Planting from seed storage

Most seeds can be planted in the spring but some seeds are picky. Some seeds grow foods that are biennials like cabbage or onions which only seed on the second year. Some have depth requirements such as carrots or beets at a quarter inch compared to spaghetti squash and zucchini at an inch.

The best time to plant all plats is during what’s called a ‘dormant season’. In North America, this is usually late fall through early spring. While it is OK to plant during the rest of the year, It will take a lot more attention and maintenance such as fertilizer and water.

Foods such as zucchini will produce almost all season long while others will take time to grow such as some melons, peppers and Tomatoes producing later in the summer or fall. Most seeds have a specific germination process and others can be varied slightly, so make sure they’re stored properly to get the best results.

Heirloom seeds

Heirloom seeds are seeds that have around a 50-year open pollination. Meaning that they have been growing and reproducing with very little or no human intervention. These seeds are always non GMO and have been growing along a genealogy of the same plant-to-seed line.

Regular store bought seeds, known as hybrid seeds, are usually produced in a greenhouse setting that is specifically designed to harvest seeds.

Heirloom seed vault from My Patriot Supply can help you get a head start on the right seeds you will need and want to start your garden or store away.

Germination prep

The exposure to cold, damp conditions is called seed stratification. It is a process of pre treating seeds in order to simulate natural conditions that a seed would experience in the soil over winter time. There are 2 types of stratification; dry and moist.

Most seeds will need this mock freeze to imitate winter in order to stimulate a germination process. You can put them in the fridge for a week or two to imitate this process before planting in soil. Some seeds require more time than that. You can usually tell which seeds need that cold period before planting because they will have a hard, bony coats that are impervious to water.

Protecting and valuing your seed vault

Having a seed storage of your own gives the sense of self-sufficiency and self-reliance. Knowing how and being able to put those seeds to use growing your own food is an even greater feeling.

Storing for seasonal or yearly use requires maintenance and a little work but pays off in the money you will save and health benefits received from eating garden fresh.

Storing for when and if SHTF? You will definitely be one who has a fighting chance if you are as prepared as you can be and seed storage will help you do just that.

I hope this article was helpful and informative in explaining some basics of seed banks and I hope to help make everyone self-reliant and as prepared as possible.

If you have any questions, comments or input please feel free to comment in the section below.

Your home made composter

Not a lot of people make their own soil anymore. It seems to be a lost art becoming more scarce in these the days of technology and convenience. Your home made composter will help you to bring that lost art to your backyard.

To make a composter at home you must figure out a few things so to incorporate them into the design. First, figure out in what quantities you will need or want to make compost in and factor the size into your design. Second, whether you want to have a spinner, standing composter or open pile based on what would be easier for you or what you think will work best. Third is location: where you will station your composter for the process.

home made composter
Pit compost

Needed materials for Your home made composter

The material you will be using will depend on how strong you want to make it and what capacity is desired. Take into consideration where it will be located because of oxidation of metals or deterioration and breakdown of wood and other materials.

For a spinning chamber, something like a round bar or wood/ metal pole would be ideal. Most people would use blue plastic drums for their spinning chamber but it’s totally up to you. A metal drum with a thick plastic liner would be sufficient for the purpose. Some people use cinder blocks and do an open pit. Do thorough consideration of all parts you will need and make a list if needed.

Objective of Your home made composter

The objective of your home composter is to be able create good, healthy soil on your own, seasonally. Add it to your garden on a yearly or seasonal basis to support the health of your garden. By using household scraps you are not only cutting back on waste but now you are on your way to true sustainability and self-sufficiency! Be aware though, that there are certain things that do not belong in a compost mixture.

Your composter can help you cut back on waste and produce good soil for lawn, garden, potting and more! It is also a good skill to have should you ever need it.

My how-to composting guide will help you to understand the composting process and get the best results from your home made composter.

My Guide

This, being a general guide to building a home composter, will give guidelines to use while building with your own design. Your chosen location or specific need of space will help determine your design.

Accessibility for turning is a major consideration because you will need to mix(turn) the compost mixture often. I personally have built a spinning composter with two compartments that are blue barrels. I put them on their side, cut hatch doors into them and made a handle on one end for easy spinning. It mixes itself as I spin them.

Back in ‘the old days’ compost was mixed with a pitchfork and everyone was doing it. Back in those days everyone grew their own food and stored it for consumption later in the winter. It was quite important to have good soil and have a plentiful harvest so they could survive the winter.

Build it with consideration for aeration or air flow. Air flow is necessary for the bacterial breakdown of the material into soil, Also ,build it in a way that it will withstand the elements and not oxidize and breakdown. If you’re making it of metal you can get a gloss paint or gloss spray to coat and protect your equipment. You can try to keep it covered but its not always a guarantee.

Open pit compost piles should be pretty self-explanitory as it is quite literally

home made composter
Cinder block design

open to the atmosphere. Using cinder blocks should be sufficient but you can also use rock, wood or just about anything similar to contain it. Be sure to turn or mix it once or twice a week!

Have fun with composting

Nowadays it is not such a necessity to compost your own soil to support a garden or healthy harvest, so its easier to have fun with it. Experiment a little because various climates make the composting process vary.

home made composter
Sustainable gardening

Most of all I think we should be proud of composting because of the reduction of waste and self-sufficiency we are creating for ourselves. It truly is a great craft and skill to have.

Thank you for reading! I hope you found this article helpful, interesting or informative and please share it! If you have any questions, comments or input please feel free to do so in the box below.

 

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