Emergency Preparedness – Money Storage in Retirement Plans

December 14th, 2006

   Qualified retirement plans are as simple to understand as a chicken farm.  “Qualified” means that the IRS fox is kept away from layer hens and eggs during the working years because you commit to build this flock as a replacement for you for income earning when you retire from the workplace.   
   Now, think like a chicken farmer.  Do you want a big flock or a little flock in the henhouse when you retire?  Additionally, in retirement do you want to live on chicken or eggs?  See how simple?
   You can eat your chickens once.  You can live on the eggs forever and leave your unconsumed flock to someone else, if you learn what can be done and are careful in your choices.
   However, most all pension plans and annuities intend to keep your chickens and only pay you eggs until you die.  If forced to annualize, this is what will happen to you.  For each $l,000 (chickens) you give up, you will get $X (eggs) per month for life.  That X figure can be as much as $6 per month per thousand, or as little as $3 per thousand.  If it is $3, you will get $3 x 12 payments a year, or $36 income for each $1,000 left in the plan.  That’s only 3.6% annual return on each $l,000.  LOOKS LIKE EGGS TO ME, and few at that — and that’s chicken feed compared to simple interest bank rates where you still own your money.
   Retirees, be careful.  You can get help managing your money storage as well as your food storage.
   For more information contact several qualified retirement and annuity specialists and a good CPA.

Emergency Preparedness – Pensions and Lifetime Income Annuities.

December 14th, 2006

   All pensions are annuities, but not all annuities are pensions.  What’s the difference?
   Pensions offer retirees life income and benefits can be shared with a spouse only.  At retirement most employer plans will offer a single choice from “six standard payout options.”  Option one pays the most money monthly, but only to the participant until death; options two through six pay less, with the spouse getting a continuing fractional amount until death.  Live long, get a lot.  Die together a day after retirement begins, payments cease.  Providers smile when liability ends and plans retain all your unpaid money.
   Annuities offer more choices, to include life and time specific payouts.  Beneficiaries other than spousal can also receive monetary benefits.  Most important, every provider pays out at a different rate based on each $1,000 of value in the plan.  To be able to shop for an annuity provider with highest rates can mean as much as double the income each month from the same plan balance.  Bank savers shop interest rates.  Retirees should shop payout rates with all structured settlements to see who will pay the most for life.
   Get information from several qualified annuity specialists.   This irrevocable decision lasts a lifetime.

Emergency preparedness – The Myths of Lifetime Guarantees.

December 14th, 2006

   “Buy this one,” the wife said.  “It’s only $30 more, but it has a lifetime guarantee.”

   “Whose lifetime,” her husband questioned?  “I’m 78 and have lived 3 years more than I was suppose to.”

   A lifetime guarantee is generally considered to be no longer than 10 years for any manufactured product.  Of course, certificates with fine print can exclude important components, and unless you retain sales slips mere possession may not be sufficient to prove ownership.  Warrantees expire generally when 80% or less of the life expectancy of an item has been reached.  In most cases, ‘new and improved’ will have made your model obsolete by the time it dies, especially if it is an electric or electronic product.
   And what’s to say that the dealer, distributor, or factory will still be around when you need them?  A most amazing fact is that 95% of all new businesses in the US fail in the first 5 years.  Even long established reputable companies appear in the newspaper over night for being in trouble.  As a mechanic said:  “It’s hard to break a drop-forged wrench, whether I buy cheap or expensive guaranteed tools.  I’m more likely to loose it first.  I’ll buy two cheap ones, and then get the new and improved one in a couple of years.  It saves me money and my temper when I mow the lawn and find my wrench right where my kid left it years ago.
   For more information on tools, contact (your emergency preparedness specialist).

Bigger May Not Be Better

September 30th, 2006

Emergency Preparedness – Bigger May Not Be Better.

   “Perhaps the only reason you are taking this class is so that you learn to read labels,” said Mr. Bench, my Provo High School chemistry teacher.  I hated chemistry, other than what I’m about to share.
   On a can of spray paint, the fine print read:  l.5% pigment, and 98.5% inert ingredients.  Another can had 3.5% pigment and 96.5% inert ingredients  (“inert” ingredient means “water”).
    He said: “These cans cost the same, but one holds more than twice the paint than the other.  It gets worse with weed killer.  This gallon of ready to use spray has .5% active ingredient, with 99.5% inert, but this pint has 35% active and 65% inert ingredients, and only costs twice as much.  Are you willing to add your own water to get over 4 1/3 gallons of spray that will store in 1/8th the space, and costs less than 1/4 as much?”
   I think at that moment is when I became a bargain shopper.  I learned that “more can be less.”  
   My two favorite Ice Creams were on sale at the same price this week.  But one has reduced the size of their container from ½ gallon to 1.75 quarts.  I only have one favorite Ice Cream now.  Hey, no brainer! ! !
   For more information contact (your emergency preparedness specialist).


The 25-Cent Breakfast, by THERMOS

September 30th, 2006

Emergency Preparedness – The 25-Cent Breakfast, by THERMOS.

   Grains and legumes can easily be cooked while you sleep, if you know this simple procedure.  Only grain, a 32 oz. wide-mouth Stainless Thermos bottle, and boiling water are needed.  Follow these steps:

  1. While boiling 3 cups of water, put ¾ cup of grain(s) in the Thermos.
  2. Add ¾ teaspoon salt and 1 Tbs. sweetener (sugar, molasses, honey, syrup, etc.)
  3. Pour in boiling water up to ½ inch of the bottom of the screwed-on cap, and shake the Thermos.

  ** If the grain(s) or legumes(s) are not fully cooked after six hours  (legumes may not be) simply drain the water off and replace with new boiling water, and a little salt.  Thermos cooking possibilities are endless.
   With a cup of sugar your cereal can taste just like store bought.  Better yet, add raisons, nuts, and other dried fruits for different texture, flavors, and food value instead of extra sugar.  It will curb hyperactivity.
   For more information contact (your emergency preparedness specialist).

The 25-Cent Breakfast

September 30th, 2006

Emergency Preparedness – The 25-Cent Breakfast.

   When you pay big money for prepared breakfast cereals, why not consider 2-3 times the nutrition for less than 1/10th the cost as incentive to change.  Instead of eating Wheaties, Rice Krispies, and Cheerios, whole or rolled cereal grains are an easy substitute.  Wheat, rice, oats, barley, millet, rye, triticale, buckwheat, and even legumes are as simple as 1,2,3 to put on the table.

  1. Get a stainless steel, 32 oz. wide-mouth THERMOS jug. . . so you can get a spoon into it.
  2. Learn how to boil water – on the stove, in a microwave oven, or Dutch oven.
  3. Prepare breakfast before you go to bed so you can sleep while it is cooking.

  Breakfast is ready when you are, for pennies a serving.  In the THERMOS, you can even take it with you.
  Prepared cereals cost around $3 a pound; basic raw grains 15 cents.  Now you can afford store milk, too.
  For more information contact (your emergency preparedness specialist).

Tool Time

September 30th, 2006

Emergency Preparedness – Tool Time.
   “The hot water was dripping, so we called a plumber.  Can we send you the bill,” asked the renter?
   “You called in a plumber on a Sunday night because of a drip,” replied the landlord?
   For well under $110 anyone can buy a $30 wrench and a $.25 washer to fix a faucet drip problem.  Thereafter, the wrench can be put to other excellent uses, saving its purchase price countless times.
   Home heating, cooling, lighting, sprinkler, disposal, drainage, laundry, dishwasher, stereo, pet, telephone, alarm, furniture, carpet, window, computer, wall, door, floor, chimney, roof, indoor, outdoor, cabinet, musical instrument, battery operated, small engine powered, recreation, automobile, bicycle, tricycle, moped, roller blade, etc., etc., etc., items need tweaking or repair at times.    Having pliers, screwdrivers, saws, wrenches, hammers, glue gun – simple tools to get the job done is a worthy investment.  If the first experience costs $30 for a tool, $1.50 for parts, and three hours time to do what a professional could in 20 minutes, do-it-yourselfers become self-reliant for life in that thing – if you don’t loose the tool.  Best free education is at your local home center, hardware store, or the neighbor that had your problem last week.
   YOU CAN DO IT.  Buy your wife a lawn edger for her next birthday, and be prepared to use it.
   For more information contact (your emergency preparedness specialist).

Thinking Outside the Box?

September 30th, 2006

Emergency Preparedness  – Thinking Outside The Box?

   “A rut is an open-end grave,” said A. Theodore Tuttle to a young missionary in South America.  “Do something interesting and different every day of your life, that you have never done before,” he counseled.
   In a techno society, imagination is the greatest ingredient to innovation.  But, before you start thinking outside your preparedness box, think about what is in itItem #1 – self-sufficiency is having the where with all to overcome life’s unexpected disruptions and continue providing living essentials, and Item #2 ­­– response-ability says you have a plan and can get immediately into action to meet those needs. 
   “I have my 72 hour kit,” is a common comment.  However, what will you have to work with after 72 hours?  The home preparedness life style suggests that an emergency could last for more than a week, month, or a year.  “If you faced a year without a harvest, how much food would you store,” asked a consultant?  Can you see the need for a minimum two year supply to get through to the next harvest?”
   ‘Set and forget’ programs spoil, or waste on the shelf.   Everyday is practice day for dooms day.  Before you start thinking outside the box, use all you have in your box.  THEN, GET A BIGGER BOX.
   For more information contact (your emergency preparedness specialist).

Would You Like Calamari or Squid?

September 30th, 2006

Emergency Preparedness – Would You Like Calamari or Squid?
   Ever since Generic Brands came on the scene, product sellers have been pitching product quality more and more in major brand ads.  In the world of marketing, many manufacturers produce multiple labels applied to exactly the same product.  While working for two major canned goods manufacturers the labeler operator put five different labels on the same can of green beans, and three labels on identical dehydrated fruits and vegetables.  Each label was marketed by one or more organizations and, of course, at as many different prices.  It would appear that some manufacturers want to be their own competition.
   One man’s bait squid is another man’s expensive restaurant calamari.  Price per pound and sales pitch are the only differences.  “Organically grown and untouched by human hands” may not be a true quality.
   How can you tell what is good, better, and best?  Let your taste buds do the talking.  “Prove all things and hold fast to that which is true.”  There are highbrow, lowbrow, and bargain basement stores.  Some shoppers feel they need to pay the high price for quality.  I’d rather find it “at the lowest dollar cost.”
    Get the whole family involved in bargain hunting, and share discovered resources.  You can pay $.25 each for chicken nuggets or as little as $.05 a piece.  It only depends on where you buy them.
    For more information contact (your emergency preparedness specialist).

“Living Better on Less” DVD Seminar

May 15th, 2006

A complete 2 hour DVD on “Living Better on Less” by W. Glen Weeks is available for mail ordering.  The cost is $15 per DVD.  This cost covers materials and mailing expenses only.  To order please send a check or money order to:

 W. Glen Weeks

C/O Cory Weeks

2843 W. Allred Circle

Salt Lake City, UT  84118

* Please allow between 2 and 3 weeks for delivery.