Local libraries are a great way to substitute your entertainment budget for something more affordable. What’s more, if you volunteer and help out you’ll make a whole lot of connections who can help you back.

Save money and get to know your neighbors.

Trump probably won’t cause total collapse, so a basement full of beans is unlikely to be useful, but anyone relying on welfare or part of a minority group will need support. Savings will help with that, and could come in handy if you yourself get fired, either because of discrimination or economic recession.

As a teen we went through the collapse in the 80s when (in Canada) mortgage rates hit 21%. So Get your mortgage rate locked in now and don’t have a renewel pending in the next 2 years.

For my family in the 80s it meant most income was going to the mortgage and we had to be very frugal. We ate a lot of potatoes and beans, no restaurants ever, and no extras. My dad also hunted, left over meats went into soups.

We are currently living frugally for reasons. We buy bulk dried chick peas, kidney beans, lentils (various kinds), frozen peas, rice. We stock up on potatoes , carrots, onions and canned tomatoes. With a large selection of spices and occasionally other ingredient we can make a wide variety of dishes. Weekly grocery shop is around $35-50.

I expect for those in the USA the luxury of lavish meals will need to become more like my frugal diet.

Drop extra services…do you really need more than one streaming service, could you go without and scour the thrift store for BlueRay / DVDs , the libraries have free rentals of new releases.

Carpool. Barter between neighbours to exchange services.

As another has said, strengthen your local ties. In the event of a collapse, we’re all going to be affected in one way or another. I think the biggest thing is fostering a culture of cooperation rather the competition. That means avoid prepping, avoid emptying store shelves, avoid hoarding goods en masse in your basement or shelter.

I think a good first step would be to look for local mutual aid groups. Just Google your town or state + “mutual aid”. These groups are already out there directly servicing those most in need, and are the most ready to spring into action when a disaster strikes (here is some testimony about mutual aid group action during Hurricane Helene)

Oftentimes these groups are open to volunteers or donations and will be active during natural catastrophes, and I’d imagine economic ones as well.

Do any vehicle maintenance you can now. Look up common issues for your vehicle and maybe buy those parts as they might be extra expensive due to tarrifs. If you need to you can sell them later.

Secondary used markets are going to be huge, so set aside anything you think people will want in the future. Buy an ebike just in case driving becomes too expensive. Download as much media as you think youll want because theyre trying to ban piracy sites and free options may dissapear.

Remember your local community is one of the most valuable resources. Get to know your neighbors, invest in your social capital.

I remember coming across post in a /r/collapse on reddit that poked fun at a lot of peoples plans. He stated he was in a war torn country and found a lot of plans revolve around personal survivorship instead of community based. And the immediate local community is the one that most people fall back on and the one that often times helps out the most.

Build a garden if you can, join community efforts like mutual aid, and form or join a union. We are strongest together.

Learn how to cook, go on some camping trips. You’ll learn a little bit of self-sufficiency and get a break from society.

Take care of your mental health. The first thing that breaks down in a disaster is usually your mental state.

Discuss your emergency plans with the people that you would be including in them. Know where you’re staying if you need to hunker down and know where you’re going if you need to leave.

At the end of the day if there’s a full economic collapse there’s not much you can do except survive and take care of yourself and those you love. A total economic collapse means your money won’t be worth anything, your investments will go to zero, and your best bartering chip is going to be food/water over a chunk of gold.

Quit being poor, works 100% of the time.

I’m going to say a few things about food and also assuming prices will go up and not quite reach an economic collapse:

Secure your food, learn to prepare cheaper, more plentiful foods in a way that is tasty to you (look to rice and beans). Consider purchasing or creating emergency food reserves. Consider purchasing more canned foods which can last for years. If you have freezer space, consider vacuum sealing food to keep them for longer.

Generally, look for ways to reduce extraneous cost and rely more on yourself and your immediate community. (This will be difficult to do, no mistaking it)

Friend, you need to be a prepper!! I feel so good having extra of everything I need!

Learn about gardening and join a shooting range I guess.

or that mainstream (S&P, Nasdaq) financial investments were no longer sound, what can one do to prepare for “the worst”?

Investors that factor in world markets would probably do okay as long as you’re talking just U.S. economic troubles. e.g. right now VT (total world stock ETF) is weighted 64.70% U.S. market due to market strength. So in theory if the U.S. tanked and other countries have better markets for investing then the weights would shift to the other side and maybe being closer to 30% U.S. vs rest of the world’s markets weighted towards 70%.

Emigrate? …or maybe stand for office.