Financial Literacy Is Only Half the Battle

People are living in one of the most challenging times in history. COVID-19, geopolitical uncertainty, and inflation are all roiling the global economy. Current events can be downright nauseous. There is a war in raging in Ukraine and political upheaval seems to be around the corner. Not to mention, every time you can go to the grocery store or the gas pump you get a shock to your system—and your wallet.

It appears things will get worse, and perhaps they could. But this should not be enough to get people down, either. Remember, every problem is an opportunity to find a solution to make things better than before.

Awareness of what is happening in the world is the first step towards maintaining good financial health in these difficult times. You have to be able to see around corners and be prepared for worst case scenarios, especially when it comes to young people just making their way in the world!

Of course, financial literacy will help start you on this path, but there is more you need to know – see more at this site.


Where we stand as a nation

On the surface, low income and poor job opportunities seem all-pervading and all-encompassing. However, a bigger problem is at the root of these issues across the country: government spending and unconstitutional overreach without the necessary checks and balances.

There is less money being spent on helping its citizens who suffered from the job losses and medical emergencies of the pandemic.

Navigating the murky waters

So, even in the depths of what may seem like despair, there is a glimmer of hope in all this. It is about reducing our reliance on the system and developing our forms of wealth.

Moreover, it is about getting creative and resourceful while actively manifesting our future. We have put together a list of how you can prepare for the future while saving your money.


Inflation woes

These things deeply affect Americans at a profound financial level that they cannot see firsthand. The only way they see it directly now is with the dramatic rise in prices for everyday items that should not cost so much. Things like milk, eggs, meat, lumber, and fuel are shooting up in cost monthly. Economists will tell you that inflation is temporary, but at this point it seems like a new normal.

That is not even including how the cost of living is also rising. Monthly expenses for things are on the rise, like:

  • Gas
  • Electric
  • Rent/mortgage
  • Vehicle upkeep
  • Insurance

There does not seem to be any relief in sight for the current rise in prices.

Pay Attention to Opportunities

First, it is essential to stay abreast of what’s going on with our financial situation and pay attention to opportunities as they arise.

Then, understand the metals market and invest what you can in gold, silver, and platinum.

While you will not use these as currency, they will help keep a roof over your head and food on the table. You can start putting aside wealth for the future.


Learn to Grow Food

Then, develop a means of growing your food. Even if you live in a box-sized apartment, there is always a way to grow your herbs and at least a tomato plant.

Keep your eye out for sales at home improvement stores, gardening centers, and even local dollar stores for home horticulture supplies.

Stop Shopping at Grocery Stores

Because prices are rising exponentially out of control, it is time to find sources for food in other places. Hunt around your local community and try to find farmers and meat producers looking for customers to buy their products. You could also try farmer’s collectives, where they drop off fresh produce at your front door.

You could try the farmer’s market, but only independent farmers may promote their produce and meats. Frequently, they will do this at a much lower cost than you will find at the store. Try searching online for “farms near me” or another similar search term.

If you must shop at a store, actively look for an independently-owned shop. Avoid big box stores, international companies, and other such conglomerates. These stores are able to float higher costs at consumers because they have more revenue in aggregate.

By circulating money between citizens like yourself, you will be helping improve everyone’s overall quality of life through the ripple effects of your purchases.


Learn to Make Your Own Products

It may be good to learn to can, jar, and dehydrate your food for storage and later use. Likewise, you could learn how to make skincare and hair care products, along with things like candles, bath additives, soap, and alcoholic spirits. Today, you can learn how to do almost anything online.

Believe it or not, knowing how to make your personal-use products will be not only rewarding but also less expensive at the outset.

Yes, the initial investment will be expensive for some of these things because you will have to buy specific supplies in bulk. However, they will pay for themselves over time. Practical Self Reliance has great DIY tips on her blog to make many products.

Think of Ways to Detach from the System

Everyone has individual needs for their daily existence. Try to devise new ways to acquire what you need without relying on the existing systems. The less money you must use, the better off you will be long-term. But, whatever you do, ensure it is not illegal. Make sure they coincide with the best common practices, standards, and regulations.



It is a good idea to be financially literate and develop a solid budget in these uncertain times. But you will need more than that to develop your sense of security. Having some financial literacy will get you started, but that is only half the battle.

Therefore, this is an opportunity to free ourselves from any reliance on the system. Doing so will make any future windfalls more bearable, and you will be able to withstand any storms with flying colors.