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Preparing your investments and family for when disaster strikes.

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Preparing Yourself for the Next Disaster: Water Storage Part IV

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Good Karma

If you’ve been reading my series on water storage, here, here, and here, then you may be paying closer attention to your water usage. I know I have. I’ve caught myself letting the water run needlessly while shaving, brushing my teeth and doing the dishes. For some reason, in addition to not wasting water, I feel good just turning it off. In a way, I’m hoping it will be good karma for when I really need water.

Believe me there’s something to this karma stuff. Feeling good about what you’re doing, like being careful with your water usage and water storage makes you feel like you’re giving back in some small way. You know who’s mastered giving back to their community? The Mormons.

Learn from the Mormons

If you want to learn how to prepare, not only yourself and your direct family, and to be able to help your extended family, friends, and community—you want to get acquainted with how Mormons work within their Ward. One rule of thumb is to avoid the “hoarding” mentality. When we hoard we get into a mindset of “I’ve got mine” and “good luck to you.” It brings me back to karma. If you approach your preparation as a learning experience that you will share, I think we’ll all feel better about our preparations—more of us will be in a position of strength. Water storage and how you do it is a perfect example.

Your Method is the Best

As I’ve explained to you in the past about your preparations, whichever method you choose to use, whether it be water storage or building cash reserves—your method is the best method because it’s the action you’re taking. It’s what you have done. It’s not a wish or a hope, it’s your accomplishment.

I was talking with a client recently, a Mormon, about this water storage thing and how challenging it can be. We agreed, though, that once you start chipping away at it, it becomes part of your lifestyle—not hoarding—but saving and thinking about the future—thinking about your family and your community’s survival. “Saving that 2-liter bottle of pop (soda) is a great way to store water,” he told me. “And I’ve got a bad back so they’re easier for me to move around.” Great advice from someone that has extensive knowledge on this whole storage thing.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com