Money and Change: War, Wealth, and Water: How to Prep Your Finances for Global Turmoil

Welcome to a critical new episode of Money and Change on the Trim Radio Network! As global tensions rise and markets react, this week's show is focused on preparing your finances and household for coming economic shifts and potential scarcity.

We cover:

• Geopolitical Risk & Inflation: An in-depth look at the conflict involving Iran and the Strait of Hormuz, which controls 20% of the world's oil supply. We break down the immediate financial chain reaction: rising energy costs, quickening inflation, volatility in markets, and the impact on borrowing rates.
• The Prepping Playbook: Don't wait for the government to save you. We share essential preparedness steps, from stocking up on canned goods, water (3 gallons per person/day minimum), and medical supplies, to securing alternative power sources like generators and solar panels.
• A Calamity Hedge: Precious Metals: A look at the surge in gold and silver prices. We discuss why many investors turn to precious metals during times of crisis and offer practical advice on purchasing investment-grade coins for potential bartering (e.g., 1/10th ounce gold pieces) over large bars.
• Financial Fundamentals: Updates on new Federal Reserve banking regulations (Basel III endgame), the current state of the U.S. debt clock, and a look at the trade-offs of claiming Social Security benefits at age 62 versus waiting.

Tune in to learn the practical steps you can take now to protect your family's financial stability and physical security.

Disclaimer: Nothing in this show should be considered legal, medical, financial, or investment advice. Information presented is from Internet or other news sources. Always do your own research and due diligence.