The Survival Podcast Forum

Survivalism & Self Sufficiency Topics => COVID-19 Coronavirus Pandemic => Topic started by: 7th Generation Design on April 19, 2020, 01:07:28 PM

Title: Leverage your stimulus check to develop a resilient and diverse wealth portfolio
Post by: 7th Generation Design on April 19, 2020, 01:07:28 PM
Hey folks,

We just posted this on our blog (https://www.7thgenerationdesign.com/diversifying-your-wealth-portfolio/), but I thought I'd post it here as well, as I hope it will prove to be good information for many folks.  All of the strategies presented are spoken about in many other places on the TSP podcasts and forums, but this is our compiled version of it.  Looking forward to hearing all of your thoughts!

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While undoubtedly the stimulus checks will prove to be hugely helpful to many, we would be ignorant to think that it is free money.  Money is a representation of energy – it is a “claim” on energy. And the first law of thermodynamics, discovered long ago, tell us that energy in a closed system can neither be created or destroyed.  To create energy (represented by money in this context) in one place means that it will be removed from another place or time.

All of this means that the money (energy) that was just seemingly just created out of thin air will have to be paid for – either by people in a different place, or by our future selves or generations (through the form of incredible inflation, degraded natural environments, etc).  It’s what’s been happening for decades – this is just a particular massive borrow in a particularly short amount of time.  Likely, it will be a combination of the two – we’ll pay, and someone else will pay, for the $1,200 we each received.

Knowing this, how can we prepare for the eventual settling-up that will inevitably occur? Perhaps a time when a wheelbarrow full of cash can barely buy a loaf of bread? (Actually happened in Germany in 1922, and many other places throughout recent history).  I would like to suggest that the best way we can utilize these stimulus checks, and our surplus financial resources in general, is to become familiar with the other 7 mostly-forgotten-but-much-older-and-more-stable forms of capital besides money (intellectual, experiential, material, natural, cultural, social, and spiritual), and implement strategies that reduce our requirement for financial capital and build those other forms of capital moving forward. Savings in those other forms of capital will help to carry us, and hopefully spare others in some other place, through the payment due period from this time.

A few of the perhaps the highest leverage ways (among many) to reduce the need for financial capital and invest in the other forms of capital are listed below, in rough order of effectiveness at reducing the future requirement for financial capital:


These are just a few ideas, but they’re big leverage points for preparing for a time of having to correct the balance sheet – and not just the financial balance sheet.  The added benefit of doing all of these things is that they result in greater personal, community, cultural, and environmental health, for only a small sacrifice in luxury – or perhaps none, when we look back.

For more information about the eight forms of capital, check out Ethan Roland’s article (http://www.appleseedpermaculture.com/8-forms-of-capital/) about them. There are other great websites and podcasts out there, including some on this site.  And for a deeper dive into the variety of ways to invest in the non-monetary and non-spiritual forms of capital, check out permaculture (though some would say there are some good financial and spiritual strategies contained in permaculture as well).  There is a ton of info online, and a plethora of good books to put in your library.  We’ve also put out a lot of info on our 7th Generation Design website (https://www.7thgenerationdesign.com/), including a library (https://www.7thgenerationdesign.com/library/) with our favorite books on various topics discussed here, how-to blog posts (https://www.7thgenerationdesign.com/blog/), a free e-books (https://www.7thgenerationdesign.com/rpde/) on Resilient Property Design Essentials, and YouTube videos (https://www.youtube.com/channel/UCeuf3wWvI8xeKqdDV8ZuOzw).

Let’s put these stimulus checks to good use – not just so that we’ve already been working to restore the balance sheet before the payment is due, but also so that they’re entirely unneeded in the future when something like this, whether it be a pandemic, a natural disaster, a personal crisis such as a health issue or job loss, or something else, inevitably happens again.