Tag Archives: planning

Take care of your future self

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Ashley over at YouNeedABudget.com brought up an interesting motivational concept in her recent video. Citing someone else’s comic, she talks about doing things for our future self such as, if you know you need to do a video shoot in the morning, making sure your camera batteries are charged and your memory cards are wiped the night before so that’s one less thing to have to deal with in the morning. Take a look (no prior knowledge of YNAB required):

As I watched the video it occurred to me that this idea of taking care of your future self is at the heart of self-reliance. Building up some food storage and your savings is a terrific gift to your future self who is out of work for a few months, or laid up on temporary disability. Taking a few extra online classes in your field or exploring a related field may be just the thing to help future you really nail an opportunity at work. Always taking the time to make sure you keep your car’s tank at least half-filled will be greatly appreciated later when something comes up on the day you usually fill up and you have to go another day or two before you get another chance.

The essence of self-reliance is making sure your future self has very little to worry about. It can even start with the smaller things that Ashley mentions, but dealing with things now instead of later will definitely make future you want to thank you!

Garden planning from Mother Earth News

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Mother Earth News has an article and a video about planning your garden before the growing year begins. They pack a fair amount information into a 4-minute video, and it’s worth a look. They also plug their garden planning software, which got me all nostalgic for the old Sim Farm game. Supposedly it helps you map out your garden area, plan around shade, ensure proper crop rotation, and helps you know how many plants each area can support. It looks pretty cool, and comes with a 7-day free trial. After that it’s a subscription, cheapest if you sign up for two years.

Have any of you used this or similar software? If so, leave a comment below and let me know what you think of it.

And now, the video:

COVID Confusion

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I found this in our local monthly/marketing newspaper in a humor piece of things the author learned from social media during the COVID-19 quarantine:

In effort not to get sick we should eat well, but we should not go out to get healthy fresh food when we run out and eat whatever pre-packaged food we have on hand instead. However, we should order out at our local restaurants to help keep them in business. Then it’s okay to go out to pick up the food. Your food might be prepared by someone sick that doesn’t know they are sick, but that’s okay if you pay by credit card and take the food out of the container. However, you should avoid going to the grocery store at all costs because you might get sick.

Joani Taylor, “The Social Media Scandal – What I Learned During Quarantine”, Sandy City Journal

If there is anyone left out there who still believes there’s a perfect response to a pandemic, especially one where the details about the virus aren’t really known…well, they’re probably on social media telling the rest of us what we should be doing. I’ve been fortunate enough to live in a state that took a somewhat moderate approach, while managing to keep the death rate fairly low, but the nags and scolds have been everywhere all the same.

Sure, I get it. People are scared, and fear makes people thrash about desperately in search of some way to feel in control. For many people that means lecturing everyone else. But the rest of us, when faced with conflicting information, reach a point where we just have to decide for ourselves which advice we can keep and what risks we are willing to take. Here are a few of the things I’ve learned (or re-learned) from all of this:

  • Preparation buys time. We were not as prepared as we wish we’d been, but we still had at least several weeks worth of all essential items. Even though we weren’t sure how long our toilet paper supply would last, we had enough to hang in there until more started appearing. We didn’t need to panic, spend exorbitant amounts of money to secure the essentials, and could put off even shopping for groceries until things calmed down.
  • People don’t want or can’t handle fresh. When we did go shopping we had no trouble finding fresh fruits and vegetables. Do people just not buy the more perishable items in an emergency? It’s not like we were without power. Veggies keep for weeks in the fridge. Or do people just not know how to prepare fruits and vegetables anymore? Not that I’m complaining. We’ve been able to eat healthy while everyone else, from the look of the store shelves, are existing on flour, pasta and beans.
  • Savings are essential. I am one of the fortunate people who can work from home, even if it’s not my preferred way to work. But even I had been furloughed or laid off we would have had savings to get through this.
  • Flexibility and resilience help. When things like this happen we can sit back and complain over every inconvenience or difficulty, or we can relax, take a deep breath (or two or three), and deal with everything one step at a time. This is easier to do if you’re not worried about basic survival.
  • Cut everyone some slack, including yourself. I’ve had to continually remind myself that people are experiencing widely varying levels of stress right now. On the other hand, if there were people whose stress was causing me stress, I’m not obligated to keep absorbing their stress. There are some where I hit the “social media snooze button” so I wouldn’t have to deal with them until things calm down again. For the most part people have been keeping things on an even keel, and when they aren’t I would try to be kind and remember where they’re coming from.
  • Even introverts need people. While introverts across the world have been cheering about this being the moment they were born for, the truth is, introversion does not mean we don’t need anyone else. Introversion/Extroversion is more a matter of where we get our energy from. Extroverts get their energy from being with others. Introverts get theirs from being somewhat isolated and quiet. We can enjoy social interactions, and even get some energy from particularly enjoyable ones, but most drain energy from us, and sooner or later we need to get away and recharge. Being shut up at home hasn’t been particularly difficult for me, but after a couple weeks I found myself reaching out to people much more than I usually do. I miss the depth, breadth and variety of my normal interactions.
  • Focus on what you can do. This crisis quickly revealed where our family is not as prepared as we should be. The problem is that some of that just can’t–and perhaps shouldn’t–be fixed right now. We found we were least prepared in our supplies of paper products, baking supplies, and a few other food categories. And yet if we’ve learned anything about shortages, it’s that running out and stocking up just make things worse for everyone, so we’ve had to resist that urge. Instead, we identified some things we can procure right now, and we’ve focused on that. We have a much better water storage now, and we’re better prepared for the next power outage (and in our area, there will be one). I feel satisfaction and accomplishment at having done something useful, even if I can’t solve all of the problem just yet.
  • Have a plan for the rest. As I said above, there are some preparedness deficiencies we can’t fix yet. But I’ve learned from sad experience that if I don’t have a plan in place for when we get back to normal-enough I’ll likely forget to do anything at all. I can take this time now to at least come up with a plan so that I know the next steps to take once we can take them.
  • It’s difficult to be prepared for everything. I’ve been a homeowner for over twenty years. In this part of the world we have to be on guard against mice. Right before our state went into quarantine we discovered something entirely new: rats. Mice we could have dealt with. Nothing we had worked on rats. And even after some online research and a curbside pickup purchase it took a long time to figure out what would work.

I could probably go on, but I’m hearing too many heads hitting keyboards already, so I’l spare you. This quarantine experience has certainly given us a lot to think about, and a lot of time in which to think about it. Right now the biggest question we should all ask is, “What do I do about it?” What are we going to change as a result of our experiences? Set a goal, make a plan, and get it done.

The Grand Unified Theory of Self-Reliance

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Ten years ago I seemed to be looking for some way to identify and link all aspects of self-reliance into…what, exactly? I’m not sure what I was thinking way back then. Some amazing infographic? Some impressive looking model? Was I planning to write a book on the subject? A competing tome to Thoreau’s Walden? I don’t remember any more.

But I’m not sure it matters. While I may not be that much more self reliant now than I was ten years ago, I’ve learned a few things. One of those things is that sometimes looking at the entirety of a problem only serves to stress people out. There is nothing simple about self-reliance, no matter what I may choose to call my blog.

The important thing with self-reliance, as with many other useful endeavors, is to start. Just pick someplace and start there. As I mentioned the other day, my return to pursuing self-reliance began a year and a half ago when I decided to gain better control over my money. It wasn’t a conscious effort toward self-reliance; I just wanted to see if I could find more money in my budget. I identified a pain point and started there.

That, I think, is the key. It’s fine to look at the whole picture and recognize your ultimate goal, but you can’t start everywhere at once. It’s much better to start with what’s bugging you most right now. What’s the one thing that you wish you could fix. Start there, and ask yourself, “What do I need to do to become more self reliant in this one area?”

That exercise may lead you somewhere else first, but at least you’ll know why. For example, if your goal is to become more self sufficient in food storage you may look at that more closely and realize you don’t have the money to build that up as quickly as you want. Perhaps you may want to look at your budget first. That may lead you to determine what you really need is a better job, and to get that you need to work on your networking skills. It doesn’t matter where you end up, so long as you determine a single place to start, a single goal to pursue.

So yes, I imagine sooner or later I’ll sit down and hammer out all the areas I feel are part of self-reliance and share that with you all. But for all that, this blog is about simple self-reliance. It’s about making it all manageable, about getting there one step at a time. In reality self-reliance isn’t binary. You don’t suddenly hit a point where you are now officially self reliant. It’s a continuum, an incremental process. You steadily work at becoming more self reliant than you were before. It’s as simple as making sure you have a full month of toilet paper next time there’s a run on the stores instead of being caught with only a few rolls left. It’s making sure you have enough savings to cover your next car maintenance bill instead of having to put it on the credit card and pay it off over the next few months.

It’s not about reaching a point where you can say, “There’s nothing I can’t handle now.” It’s about being able to say, “If X happens I think I’ll be okay. I’ll have enough cushion to be able to avoid panic while I figure out how to overcome this.”

And that’s the other thing about self-reliance: what I have to do to achieve it may look different from what you need to do. The problems I need to plan for may be entirely different from what keeps you up at night. Up here in Utah it’s safe to say I don’t need to have a plan for hurricanes. Down in Florida you probably don’t have to worry about your pipes freezing if your power goes out in the middle of winter. There’s no single solution to self-reliance, at least not at the detail level.

Ultimately I don’t think I can come up with one Grand Unified Theory of Self-reliance. I’m always going to miss something simply because my perspective is limited. I may be able to take into consideration every possible scenario in the United States, but there will always be something I have no experience with, such as locust swarms in Kenya or poisonous snakes in the dunny in Australia.

I think all I can really do is show you what my goals are and invite you along for the journey of getting there. I can try to provide a place where we can share ideas and learn from one another. If this helps someone else along the way it’ll be worth it.

Financial records and “continuity planning”

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Most businesses have established (or at least should have) business continuity plans for ensuring the business can continue operating in the event of a localized or general emergency. This is the case with households, too. Emergency evacuation plans and 72-hour (bug-out) kits are essential. But there is another emergency that is far more likely yet far less often planned against: the death of a spouse.

A recent article on Yahoo! Finance brings this home:

A case in point for not making big decisions soon after a spouse’s death is Maureen Saunders. The financial chores following the death of her husband, Hubert, from pancreatic cancer in 2006 at age 65 were crushing enough. Although Saunders, now 58, balanced the checkbook, her husband was the main financial decision-maker, especially when it came to investments. His death left her “in uncharted waters, not only emotionally and spiritually but also financially.”

Saunders had to wrangle with the life insurance company, which didn’t believe she was her husband’s beneficiary. She had a “total meltdown” in the bank when she discovered, after bouncing some checks, that the Social Security Administration had rescinded Hubert’s latest direct-deposit benefit payment. She proved that her husband died after the deadline to be eligible for that month’s payment, but it took weeks for the government to return the money. She did not realize that she would not be eligible for a survivor benefit until she turned 60. “You’re so vulnerable and raw, and there is always another form to fill out,” says Saunders, who lives in St. Petersburg, Fla.

This is an area I can certainly do better on, even though I’ve discussed it before. But our recent mortgage application, relocation, and trying to find stuff after the move has reminded me that there is a great deal of financial information my wife would not know how to find if something were to happen to me. I need to get everything organized, document where to find everything, and then sit down with her and go through it.

On the bright side, we did find out that our efforts to establish credit in my wife’s name have paid off. She’s from another country, having moved here as an adult, and as such did not have a credit history. We started working on that, and during the mortgage application process we found out we were not only successful in establishing credit, her credit score is higher than mine!

Getting organized, however, is essential. Probably the best place to start would be to get her acquainted with the regular bill-paying, and then move toward the bigger, long-term items. We have time, of course, but then everyone does–right up until they don’t.

 

Step Two – Financial baseline

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When starting a new job simultaneous with moving into a new home in a new state there is a certain amount of chaos wrecked on the home finances. There are unexpected expenses in moving out, unexpected expenses in moving in, and extra start-up costs for all the new services, not to mention replacing all those things you threw out before you moved thinking you wouldn’t need them in your new place.

And there’s always the unexpected house repairs for things that the inspector missed.

It suffices to say that for the first month or two you’ll be doing well just keeping track of whether or not you have money, let alone how much and where it needs to go. Chances are your paycheck will fluctuate for awhile, too, as taxes, shared costs on benefits, and other items kick in.

The sooner you can make sense of the chaos the better, of course. Any and all information you can collect will be helpful. Start up a list of all the recurring bills that have come, along with any you are still waiting to come. At the very least you’ll be able to establish what you don’t yet know.

Then as your bills start arriving, start recording the amounts, noting what expenses are one-time start-up costs and what are more likely to be the ongoing amount. Start using this to put together a baseline of what you think your monthly living expenses will be. Then over the next few months start validating your list, adjusting as needed as you get more data. If you’re lucky you’ll have a fairly solid baselin within a month, but expect it to take at least three months for things to really even out.

Obviously if you see problems popping up (ie. more expenses than income) you need to start making adjustments. You may wish to over time anyway, even if your cash flow is positive. For example, our original plan in moving in was to get cell phones and skip getting a land-line this time. But further research quickly showed that IP phones, cable DSL, and other potential money-savers weren’t such bargains after all. And our cell reception at our home is a bit spotty. So now we have a land-line and cell phones.

Even when we just had the cell phones we didn’t use nearly as many minutes as I had expected. Chances are we’re going to pare back our service. It’ll only save us $10-20 a month, but every bit helps. $20 a month toward food storage goes a long way, for example.

Right now we’re not through our first month, so our baseline is still fairly unstable. But I’ll be tightening it up as quickly as I can. It’s driving me nuts to not yet have a reliable budget. I must have ORDER!!!!

Break goals down to make them manageable

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Every new year many of us make resolutions for the year. You may even be considering some self reliance related resolutions. May I recommend one simple trick for increasing your chances of success?

I find it helps to break goals down. If, for example, my resolution or goal for the year is to add to my food storage I may want to break it down into smaller components, such as:

  • January: Store 50 gallons of drinking water
  • February: Store 200 lbs. of wheat
  • March: Buy wheat grinder
  • April: Store 200 lbs. of oats

…and so on. This is certainly much more detailed–and therefore more achievable–than “Add to my food storage”. But we can–and should–take it farther. For example, just taking January’s goal, we can break it down further into steps:

  1. Research water storage containers
  2. Select container(s) to hold 50 gallons
  3. Designate and clear a storage location
  4. Place and fill containers
  5. Research rotation schedules for water
  6. Implement rotation plan

Now we’ve got a series of steps, most of which could be accomplished in an hour or less. When you find yourself with some time during January you know what you need to do and where to start instead of fumbling around thinking, “Okay, I need to add to my food storage. Should I go buy some flour? Or do I need honey first?” In the latter circumstance you’ll likely talk yourself out of doing anything, but instead you can look at your goal sheet and decide, “I’ve got half an hour. Let’s go research water storage containers online”. Boom! You’re off, and when you’re done you will have accomplished something important.

Of course it could be that you need to break your steps down further. In step 2, for example, you may decide you need to first take a look at potential storage sites in your house to see if you can get by with one large container or if you’ll need a number of smaller containers that can fit into smaller spaces. You may decide you need to do research to see if 50 gallons will be sufficient. Break down each task on your list until you feel comfortable that the step is small enough and clear enough so that you can do it in an hour or less without first fumbling around trying to figure out what you need to do.

If you’re anything like me, ambiguity is the bane of productivity. If I don’t know exactly what to do next toward a given goal I’ll put it off or skip over it to pursue something else that I can accomplish more easily. A little planning up front can make all the difference in reaching your goals. Try it! Today!