Risk Management

This is the fourth part in a series about Risk Management. Find Part 1, Part 2, and Part 3 here. Risk-based prepping is a viewing emergencies from the perspective of likelihood AND impacts. Combining Likelihood and Impacts We've been through a lot of steps already, so let's pause for a moment and take stock. As a reminder, we: Identified bad things we think might … [Read more...] about Risk Management Part 4 – Risk-Based Prepping

This is the third part in a series about Risk Management. Find Part 1 here and Part 2 here. Bad things happen, as we've demonstrated. Some of these bad things happen more frequently than others. Additionally, some of the bad things are merely slightly bad, while some of them are truly catastrophic. For you. For your family. For your city. For the world. To really be … [Read more...] about Risk Management Part 3: Severity (How Bad Can it Be?)

This is the second part in a series about Risk Management. Find Part 1 Here. What are the odds that a selected emergency will occur? The next step in the Preppermill Risk Management process is to assess the likelihood of each of these bad things happening. For me, I limited it to the next 5 years, because that's very actionable. My logic is this: Once I've prepared … [Read more...] about Risk Management Part 2: What Are the Odds

There is no such thing as a risk-free life. We all face risks. Some of them are universal in that they impact all people. Others may be more specific to our circumstances. But we all deal with risks (some better than others) and we all have tools and skills to address risks (again, some better than others). How you evaluate risk as a prepper will really determine if you're … [Read more...] about Managing Risk Part 1 – Managing Risk as a Prepper