Welcome to Radical Personal Finance the Show dedicated to providing you with knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now, while building a plan for financial freedom in 10 years or less.

Today in the show we're going to talk about the natural symbiosis

between financial planning and prepping or preparedness or survivalism. Choose

your word of choice. Because it's long been a theme in an opinion of mind that there is a perfect symbiosis

between the mainstream approach of financial planning and the area of interest, the area of preparation, or the area of,

what word do you use, what's usually called prepping.

Now let me define these terms quickly for you so that you can

understand how these things fit together. When I talk about financial

planning, I'm basically talking about the material that I, you know, the material that I covered when I took the certified financial planner exam.

Mainstream certified financial planner type stuff, which involves understanding the basics of insurance, such as life insurance, disability income insurance,

home insurance, long-term care insurance, health insurance, understanding the basic concepts of

savings and budgeting, understanding investments, understanding basic estate planning and basic tax planning.

These are all the topics that are covered under what most modern mainstream financial planners

study and the areas that most modern mainstream financial planners study and the areas that most

modern mainstream financial planners work in. Now when I refer to the term

prepping I am I'm specifically referring to preparing for potential future problems

with an emphasis on the physical items needed for your safety, for your health and

well-being, for your survival. That's the usually the

the feeling of the use of that term prepping. It's preparing for potential future

problems with an emphasis on physical

items physical preparedness using strategies such as stockpiling such as

redundancy etc so these two things in my, are a perfect fit for one another, but yet they are often not talked about together.

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