Being out of debt is a great thing. But if we own property – either real estate or vehicles – we are still tethered to the iron fist of government via taxes.
I realize that unforeseen (and unwelcome) event can decimate a family’s finances of no fault of their own. Still, seldom is it discussed about having to “pay Caesar” his pound of flesh, even during a SHTF event on a large scale. (We each have our own SHTF events on a personal scale, don’t we!)
We may own a farm with livestock, chickens, a great vegetable garden and have the KSAs (knowledge, skills, and abilities) to support ourselves. But if we cannot pay Caesar someone else will own it.
Truly something to consider as we discuss the other issues.