by Single Farmer,Survival Blog:

After spiritual preparation, the number one thing a parent can do is to prepare their son for life is to teach him how to make and control money. Money and resources create options. Lack of money limits opportunities. I have a collateral or lineal relative in every conflict from the Revolutionary War to the present. If you go back far enough in history, you will find multiple great-grandfathers at a distant generational level. For instance in the time period of the American Civil War, I have multiple grandfathers and collateral relatives who served in the Confederate Army and Navy including at the rank of General and other Flag Officers. I also have a grandfather who sold the plantation and divested his wealth out of the Confederate currency. There are a lot of stories I know from families who were wiped out either in the Civil War or in the Great Depression, so knowing how to control resources are critical for a man to develop.

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A lot of people incorrectly say that money does not matter at all. But historically, money has been the single greatest determiner in the ability to marry and reproduce in addition to its fundamental aspect in survival in modern societies. Marriage (and child-rearing) are a very resource-intensive exercise. A single man uses relatively little resources compared to a married man with a wife and children. There is a resource “marriage gap” where education, income, and overall wealth are the best predictors of marriage than any other factor. Almost 90 percent of millionaires and higher-income individuals are married with over three times the marriage rate among those with higher incomes versus lower incomes. Increased education also leads to a higher likelihood of marriage.

There has been an economic war going on over the last 75 years and the middle class has been losing ground since the late 1970s where marriage rates have been falling as economic opportunities have been reduced. Now, middleclass jobs such as middle managers and other white-collar jobs are being exported or eliminated through technology and even more with the growth of artificial intelligence. Previously, many blue-collar factory production jobs were offshored starting in the 1980s and this decimated many small towns depending on the factory producing goods for wider export. As jobs disappeared, all of the support structures such as merchants supporting them also crumbled. So, many main streets became dotted with vacant storefronts.

All of these changes have impacted family formation. Currently, polls show that about the same percentage of 18-year-old males are interested in someday getting married as compared to the same group 30 years ago. But the percentage in young women responding the same way have declined by over 20 points over the same 30 year period. Many of these issues young women are having entering into marriage are rooted in economic dislocations and fractures in the American family and the collapse of the security of the male breadwinner.

Our country was much stronger when boys were developing ways to make money. This was fairly standard years ago when every boy was doing something to earn money. Now, so many boys are more familiar with video games than doing productive activities.

Consider the case of young Warren Buffett who was born in 1930. It has been widely reported that young Warren was ill back in 1938 with a case of appendicitis who was saved through the early intervention of his family doctor who came to his home, thought it was a minor condition, later returning, and admitted him into the hospital for an emergency appendectomy. Some would say why did the doctor not identify the condition immediately. There are a couple of ideas here that are useful to survivalists: you have to be careful of the principle of overdiagnosis of expending scarce resources on long-shots exemplified by the adage: “When you hear hoofbeats, expect horses, not zebras.” In other words, think of something common, rather than something exotic unless you are on the Serengeti Plain where the principle is the same with the animals reversed. As young Warren lived in the age before antibiotics were “discovered,” but not yet available, he spent weeks in the hospital. After his discharge from the hospital, he continued his various money ventures that have been widely documented. He was selling chewing gum at six years old. This included buying 40 acres of farmland for $1,200 from his earnings — including some from being a paperboy.

Source: SGT Report