Signs Of The Time, Part 66

I don’t care what Uncle Sam says- costs seem to keep rising almost everywhere I look.

For those just beginning to prep, the price of gear and supplies these days are probably pretty daunting.

To conserve funds, many preppers/survivalists might want to take a “needs versus wants” approach to acquiring these things.

Thankfully, there are plenty of businesses around in 2013 to cater to them for necessities.

And with over 3 million preppers/survivalists in the United States, there’s billions of dollars to be made.

John C. Ogg wrote on the website of New York City-based financial news and opinion organization 24/7 Wall St. earlier this week:

Whether they prepare for long or short-term emergencies, at the very least survivalists plan to have the basic necessities: food, clothing and shelter. Many prepare for much more than the basics with self-defense and security measures, power systems, water filtration, communications and bunkers. Given their numbers and their willingness to spend money, catering to doomsday preppers has become a multibillion dollar business. Regardless of which item is being considered, each $1,000 of expenses for just 1 million people comes to $1 billion.

Ogg went on to identify “the industries making the most money on doomsday preppers.”

Prepping. Not only does it benefit you and your loved ones- but American businesses as well.

You can read the rest of the insightful piece on the 24/7 Wall St. website here.

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