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The Prepper's Financial Guide: Strategies to Invest, Stockpile and Build Security for Today and the Post-Collapse Marketplace Paperback – March 17, 2015
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Top Customer Reviews
Cobb starts off with an overview of financial turmoil and gives a brief history lesson in American and foreign pitfalls respectively. We then are given a scenario of if the U.S. experienced conditions similar to The Great Depression. I think most of would be unprepared. It's a little scary how in the past years, society (American) has lost independence and now rely heavily on technology and the outsourcing of skills and services.
Using colloquial phrases and a relaxed writing style, Cobb takes the reader through all the steps needed to financially stay ahead. They are sectioned off with suggestions and tips, but sometime lack the details the reader may need to fully execute. However, overall Cobb does gives the reader enough information to start thinking about preparing not only for a possible financial fall in the country, but how to successfully navigate the here and now.
My take away from the book was that I am not in the position to survive a financial crisis. Yet. With Cobb's lead, I have more knowledge and now have more a desire to learn how to TRULY cook from scratch! It will definitely help me to save money and be more independent. That's preparation, right?
I received this book from goodreads in exchange for a reveiw
Update: I gave this book to my husband,(who reads slower than a snail) 2 days ago and he's over halfway thru it! He LOVES this book! He has found mounds of info even he didnt know and he's very up to date on this subject. He's impressed by the fact that this is CURRENT information as well as NEW information. In his eyes this book should get a 10 star!
The main goal of this book is to make you a smart self-sufficient investor. Coob lays out ways and approaches (i.e. bartering skills, safeguarding valuables, etc.) for one to make the most of what they have. Cobb also gives a plethora of information regarding the fluctuation of value relating to different industries/materials and barter goods. In fact he includes a comprehensive list of items that you may want to stock up on in case of crisis. Overall this was an informative book which any cautious or catastrophe-fearing financier should be aware of.
The first part of the book gives a history of financial collapse and talks about what could happen in the future. Most people buying a book like this are probably already very aware of these possibilities.
Then the book moves on to a chapter on Debt Reduction and gives some extremely basic advice on financial management. You'd be much better off buying a Dave Ramsey book and following that plan. It will give you a LOT more information.
He includes a long chapter on currency, but I am at a loss after reading it as to why I'd want to bother with any foreign currencies. The author says himself that it is hard to predict which currencies might be used if the dollar fails - and I honestly don't see people accepting any paper money in a serious financial collapse situation. I thought this chapter was confusing and did not make a whole lot of sense.
So, basically, the first 86 pages of the book were a waste of time, in my opinion. Then I got to the chapters that were actually helpful [barter and trade goods, bartering skills instead of stuff, safeguarding valuables, & investing in self sufficiency]. Those chapters were very helpful and well written. I appreciated the information [and they are why this review is getting 3 stars instead of 1or 2]. But when you consider that the entire book is only about 150 pages long - not getting anything helpful till page 87 was a bit frustrating. I was left with the feeling that I would have been better off to google a couple of articles on this topic online for free than to pay the purchase price for this book.
Most Recent Customer Reviews
If you're looking for a book written by someone who didn't know anything about the subject matter before he gotten the inspiration of, "I think I'll write a book about... Read morePublished 1 month ago by Michael C. Brown
I have now read 4 Jim Cobb books and into my 5th, This book is full on great info and is a great book. Thanks JimPublished 3 months ago by James Peter Smith
Only because one star is the least I could give it. This book is simply poorly written and so basic that it is useless unless you are a 10-year old. Read morePublished 4 months ago by John Knight
Excellent how-to for anyone not familiar with economic history.Published 5 months ago by John A. James
Once again, Jim Cobb delivers. Not my favorite Jim Cobb book, but well written. He makes valid points and now I have been buying silver bullion.Published 5 months ago by azararec