It is completely impossible to prepare for every little thing and as such, it is impossible to know exactly what we will need when disaster strikes. Because of this, it is a good idea to start a little hoard of supplies that can be used for bartering.
In the early stages of any major crisis, cash will still play a major role. With no electricity the credit card and ATM machines can’t function so they will be the first to go.
Following that, your paper money will lose all value. That being said, providing that you have paper money in your pocket, you can still use it to buy things from those that have absolutely no idea about how the economy works.
All you can do at this point is to either produce what you need yourself or you find somebody that has it and is willing to make a trade.
During this guide we are going to be looking at the top 8 items to hoard for bartering when cash is no longer king.
There are certain things that we all as humans need to survive. These are food, water, fire, shelter, medicine, and protection. Without any of these for too long, you just can’t survive. As long as you can cover these areas, you will survive much longer than those that don’t even have the means of starting a fire.
You also need to remember that just because you paid £10 for something, it won’t always hold that value. The value of the item depends entirely on the law of supply and demand. In other words, the scarcer an item, the more value it holds. In a survival situation, a tin of beans would be worth a lot more than they are right now.
People also have vices, needs, habits and urges which you can use to your advantage. Things like caffeine, nicotine and alcohol addictions can be a double-edged sword. On the one hand, their desperation might be great enough for spirits, cigarettes, and coffee that they might be willing to pay a high price for them.
On the other side of it, those same addictions can mean that they are willing to commit crime to get them. This must be taken into consideration. Alright, let’s get on with our top 8 items to hoard for bartering.
Alcohol is one of those vices that we mentioned above and you must take extra care when trading. Following a disaster, their access to their usual supply of alcohol will be no more. Distilled spirits last forever and will be incredibly valuable after SHTF. Spirits above 40% also have the added benefit that they can be used for first aid.
Cigarettes won’t last anywhere near as long as spirits but they will be in high demand. Your best option would be to hoard rolling tobacco and papers as they last a lot longer than cigarettes.
This category covers everything such as knives and axes and should be treated like gold. These have a whole load of uses from opening cans to chopping firewood. They take up very little room and will be incredibly valuable.
People will long for a range of toiletries in their search for normalcy. This includes soap, shampoo, and toothpaste. Think of common everyday items that we usually take for granted, these will be the first to go. Again, a lot of these kinds of items can be made yourself at home so to save some money, learn money and get started today.
Medications and First Aid
Survival is dangerous, survival is messy. People will get hurt and infections will spread. Even the smallest of cuts can turn life-threatening if not dealt with properly. Keep a large well stocked first aid kit and a selection of over-the-counter medications. You will need to be careful with stocking up on medication of any type and always be sure to rotate keeping an eye on the shelf-life.
People are so reliant of the stores when they need anything, many have completely lost the skills needed to produce their own food. It’s easy but they just don’t have a clue. Save your seeds and put them into storage. Some of the easiest vegetables to grow are carrots, cabbage, green beans and tomatoes.
Tea and Coffee
In their search for normalcy, tea and coffee can hold great value. Ground coffee beans don’t store too well as they start to lose flavor almost immediately. Freeze-dried instant coffee is your best choice as it lasts forever.
Trade Your Skills
If anything, the best thing that you have and that you can trade with is the knowledge and the skills that you possess. There are many skills that will be in high demand such as carpentry, metalwork and doctors. Along with these skills, you have the knowledge that you have learned. Why trade a lighter when you could teach the other person how to properly build and maintain a fire?
The items above don’t take up much room and in some cases you can make the items at home saving you even more money. What would you add?