By getting into a great depression

Like others here, there’s not much extra I can do. My job seems very stable, I have no auto loans, both the family cars are in okay condition, I have a fixed rate mortgage, health is okay, and aside from one small loan I am paying back the debts aren’t bad.

A bottle of things I need to revisit:

• I stocked up on non-perishable foods that my family will eat. But I need to do a bit more on this front.
• I’m trying to cut back on extra spending. This is the biggest problem I have right now. Mostly due to unexpected bills and death-by-a-thousand-cuts small purchases.

Unpopular opinion but Don’t panic.

It’s been decade that economy has been shit for real people with crisis starting before the previous one finished, high unemployment, stagnating wages, expensive real estate and more

If you’re rich enough to be impacted by stock market collapsing you’re already way above average.

Sure it’s not making things better, and not the moment to change job, but it’s been shit for a while and will stay shitty. The era when boomer could find a job without any degree, get a living wage with yearly raise and promotions is over.

My job’s unlikely to go anywhere unless I commit a heinous crime and I already live well below my means in terms of required expenses.

I’m probably going to be fine, but just in case I intend to increase my cash savings and stock up a bit on nonperishable food and other required household goods.

Other than that there’s not a lot of prep I can do.

For the past 10 years I’ve already lived as if I’m going to lose my job tomorrow. I’m probably better prepaired than the vast majority of people though I still don’t feel that way so I just keep saving and investing more while trying to live as cheap as possible. Ironically though my work situation has never been as busy as it’s now. My job is recession-proof(ish) and I can’t be fired so atleast there’s that.

Leaving the country and padding my reserves

I know it’s gonna hit everyone, but I’m trying to mitigate the impact

I’m just digging a hole in the ground

I bought canned goods and clothes at costco. Just got my taxes, gonna do it again.

Getting ready to buy as many stocks as I can, I need a retirement plan, and if I can get in while markets are low, I can retire in 10 years.

I’m getting back into small scale hydroponics. I have a decent setup from IKEA containers to grow a few leafy greens, and we’re starting some raised planters for beans, peppers, and tomatoes. It’s not enough to fully survive without a trip to the grocery store but it’s something.

I buy everything I know I’m going to need in bulk, and spent the last seven months adding extra goods to my pantry. For example, I never needed toilet paper during COVID.

Other than that, I’m just saving money every paycheck and living within my means. I will spend every spare dollar buying stock and crypto while prices are depressed, though. It’s like a steam sale for your pocketbook.

I just made a shopping list of bulk items im going to stock up on tomorrow. Just staples like four, rice, beans, pasta and stuff like that for now but I might start doing some small scale gardening. I only have a tiny patio to work with so probably potato buckets and small herb garden. Other than that, its just kinda wait and see i guess.

Not much I can do, really. I can’t just run off and get tanks and such for kerosene (heat if we lose power) and diesel (the tractor I use in my fields) in any meaningful quantity.

I’m.pulling all my money from the bank so I can have it ready to buy as many houses and condos that I can when we reach bottom… LOL s/

Right now, nothing, really. There’s a lot of confusion and volatility at the moment, so I’m trying to keep a cool head rather than react blindly. I’m going to keep my head down at work, keep contributing to my 401k like normal, not make major unexpected purchases, and maybe re-up on some bulk staples. If shit keeps getting worse, I’ll adapt from there