The Industrial Revolution saw many livelihoods ruined as people weren’t prepared and couldn’t adapt. Similar indications are being shown today as we make the transition into the Digital Revolution. In this article, we teach you how to prepare for an economy crash to avoid the same consequences the millions endured in times past.

There’s no doubt we’re heading for an almighty crash, as things are already getting ugly across the globe. We’re about to live in the “Greater Depression”.

In this article, we deep dive into the benefit of hindsight, and share our top tips (based on a mixture of what history has taught, as well as what we’re personally doing), on how to prepare for the coming crash and safeguard your future in all areas of life.


    You can never be too safe. It’s better to take a radical approach to your wealth protection than to live on a hopeful assumption everything will be fine.

    One of the most important aspects of getting through an economy crash is being mentally prepared. Knowing where to focus your thoughts and energy will make all the difference.

    – With the shift from offline to online, people are going off the grid and turning towards decentralization. Should you do the same?

1. How to FINANCIALLY Prepare For An Economy Crash

How to Financially Prepare For Economy Crash

Tip Number 1: Diversify, Diversify, Diversify

Having a diversified portfolio is especially crucial when markets are unpredictable and the economy is rapidly changing. We educate our clients on the importance of spreading risk across different avenues so they aren’t vulnerable.

For example, if all your money is in the bank, what happens if it’s suddenly frozen? You could wake up one day, lose half of your wealth, not be able to pay the bills and everything you worked hard for could mean nothing. Likewise, if you don’t trust the dollar system and instead put all your money in cryptos, what happens if the crypto market suddenly collapses? I’m sure you get the point.

If you research into the super wealthy, you’ll find nearly all of them have a well-balanced portfolio across sectors such as property, fiat, precious metals, shares, crypto, and others.

Why? Well if one industry crashes, you might only lose 10% of your wealth while the rest of your capital remains intact. In some instances, you might even find your overall portfolio goes up in value.

Balanced Portfolio Economy Crash

The above is an example of a balanced portfolio by Harry Browne. Yours might look something like 20% in gold and precious metals, 20% in crypto, 40% in the bank, and 20% property. By doing so, you’ve now mitigated your risk and in a market decline, you won’t be affected as much as most people.

We personally take it one step further and will diversify within a sector. For example, in cryptos, our portfolio might look something like 20% in HODL coins, 20% in bots, 20% staking, and 40% in protocols. In the stock market, we might have investments in completely different industries such as 33% in technology, 33% in commodities and 33% in health. 

To learn more about where the wealthy are investing their money, read our blog on Best Investments For An Economic Collapse.

Tip Number 2: Always Have a Back-Up Plan

Preparing For Economy Crash


To prepare for an economic crash, all the super wealthy know the importance of having a back-up plan for a back-up plan.

They don’t like risk and will make sure they’re covered for every possible scenario. For example, many of the elite have second and even third passports or residencies in case they need to quickly flee the country.

When the covid pandemic started in 2020, many of the wealthy were fleeing Australia on their private yachts. You want back-up plans for everything. Your residency, money, assets, food, and resources.

Have a cash emergency fund and savings on hand. The general rule we follow is to have enough cash to last for 6 months of day to day expenses. In a time like today, I’m sure you would agree it’s better to take a safer approach.

Tip Number 3: Protect Your Assets Early

Don’t wait until it’s too late to protect your assets. You’re better to do the hard things while times are easy.

On February 17th, 2022, Canada have officially begun the process of freezing bank accounts, cracking down on movement of money and stripping insurance for anti-mandate protestors. What’s stopping them from going further when things get worse?

Shortly after the covid-19 pandemic started, in June 2020, the World Economic Forum openly announced the Great Reset initiative is now underway on their website. On their social media, they made an interesting statement (see image below).

Word Economic Forum Post


When a financial system resets, people focus on the benefits of debts being erased and the chance for a fresh start. What they don’t focus on when the world becomes socialist is that everything they own will now be taken. This includes your family home, investments, cash, gold and others.

That doesn’t sound like a fair bargain to me personally. It’s why I, along with many of our high net worth clients and others, are taking proactive steps to protect what we own before it’s too late.

This includes setting up the right structures, diversifying our investments (as mentioned in tip #1), storing our wealth onshore and offshore, and more. If your wealth has any form of value to you, then you’re better to take the safer approach and prepare for worst case scenario. Our mantra is “you can never be too safe”.

2. How to MENTALLY Prepare For An Economy Crash

How to Mentally Prepare For Economy Crash

Tip Number 4: Focus on Your Spiritual Growth

This is one of the least discussed topics, yet one of the most important steps if you want to prepare for an economy crash.

In times of crisis, I find it interesting that churches seem to have record-high growth. Why? It’s because people know the power of hope, and remember life is more than the superficial and materialistic things. 

Although religions are different, the outcome is the same. It teaches us to live by strong moral code, values, integrity, honor and strength. When these basic principles are ignored, and we focus more on money, sex, alcohol, and other superficial objectives even at the expense of others… society is dooming for a civilization collapse. 

In the 1950s, there was an unorthodox experiment by a Harvard graduate and scientist of Johns Hopkins University, Carl Richter. It demonstrated the importance of being able to see the other side.

In the experiment, a few rats were dropped into a bucket of water and tested to see how long they would stay afloat before drowning. The rats lasted 15 minutes before giving up.

Richter pulled them out of the water before they could drown, dried them up and put them straight back in the water to test again. How long do you think they survived? The rats now swam for an average of 60 hours!

That’s 240 times longer than the first! The experiment concluded the reason they lasted much longer on the second time is because since they were rescued the first, they gained hope assumed the same thing would happen if they held on long enough.

The reason I shared this story is because the same principle can be applied if you want to prepare for an economy crash. Here’s what I mean.

Getting through an economy crash is less about the physical, and more about being resilient and steel-minded. Our mind is our engine. You may have a car that appears flashy on the surface, but if the engine isn’t working, it’s useless.

Likewise, you can have all the right structures, protection and mechanisms in place, but if your mind isn’t strong and calm, you won’t be able to move forward and find solutions.

It’s why you can never put a price on self-development and spiritual growth.

Tip Number 5: Be Mindful Where You Focus Your Thoughts and Energy

When you focus your energy on the problem, your life starts to revolve around it. Your attention is geared towards social media posts which feed into the problem and 

There’s been plenty of scientific research which was proven that what you focus on becomes your reality. You can read this in the Power of the Subconscious Mind by PHD scientist, Joseph Murphy.

Preparing For Economic Crash

As the image represents above, “where your attention goes, energy flows and results show”. If your mind is constantly focused on the problem and the effects it’ll have on you, those thoughts will become your reality. By contrast, if you choose to gear your mind and energy towards the solution, you’ll find opportunities start to come to you and things happen unexpectedly. I can speak from personal experience, as well as seeing it countless times with clients, friends and family

Tip Number 6: Get Back to Your Priorities and Be Comfortable Living Basic

Living basic is more of a mental challenge than physical since we get so attached to our way of life. To navigate through an economy crash, you’ve got to have no fear of losing everything to preserve your freedom, health and security. 

“The most dangerous creation of any society is the man (or woman) who has nothing to lose”.

 – James Baldwin

Like what you see in the movies, those who have nothing to lose are always the strongest. If you’ve got nothing to lose, what can be taken from you?

If you hold on to any attachments during an economy crash, it’s going to be much harder for you to adapt and be happy than for someone who lets go, makes the necessary sacrifices for a time and quietly focuses on finding a solution.

“What you resist persists, and what you accept transforms”. 

 – Carl Jung

An economic collapse gives us a rare opportunity to get back to our priorities. Most people are in jobs or careers they hate, in relationships they don’t want to be in, and just don’t have a purpose. All these factors makes it harder to achieve real tangible results especially in crisis. Use this time to regather yourself and focus on your own well-being as it’ll translate into your life.

3. How to PHYSICALLY Prepare For An Economy Crash

How to Physically Prepare For Economy Crash

Tip Number 7: Create a Self-Sufficient Lifestyle

This applies across all areas of your life. If you want to protect your health, well-being and livelihood, you’ve got to take a radical approach and learn how to be self-sufficient in everything you do. By everything, we mean everything. 

You cannot rely on governments, corporations or others for your resources. If you’re dependent on the system for your resources during a global crisis, it’s obvious to say you’re extremely vulnerable.

With inflation on the rise, we’re seeing the price of fuel, property, interest rates, and more all increase significantly. This is going to keep growing as well.

When an economy crashes, many essential resources such as food, water, electricity, and fuel become very hard to obtain due to supply shortages. Even toilet paper seems to be a challenge!

To be self-sustaining, this includes:

  • Growing your own food and vegetables
  • Generating your own electricity and internet
  • Finding your own means of transport and fuel
  • Creating your own source of income(s) and financing
  • Vitamins, supplements and minerals

It also means you want to stock up on essential resources while the supply is still here. You’re better to live your life on the assumption we’re heading into an apocalypse because if worst case scenario hits, you’ll be ready.

Tip Number 8: Surround Yourself With The Right Networks and Community

In tip number 7, we mentioned about building a self-sustaining lifestyle. One of the biggest factors which helps make this journey easier is by having the right community and mentors around you (whether it’s locally or online) who can share resources and assist in different areas.

It’s much easier getting through a crisis with support than trying to do it alone. You’ll have more energy, clarity, supplies and skillsets to combine which you wouldn’t have by yourself.

Being connected to the right networks and community gives you an open space to share your thoughts, get help and have accountability or assistance to make the necessary changes in your life. It also gives you access to various opportunities which you couldn’t get in by yourself.

This is a big focus for what we’re building here at the Global Wealth Club as we know the impact an effective community can have. We are keen to link you with others who are on a similar path to you, can see the signs, and are taking proactive steps to prepare. Your growth gets accelerated when you’re surrounded by the right people.

Tip Number 9: Go “Dark”, Off the Grid and Decentralized

We’re predicting (along with many wealth experts) that a new social credit system is being slowly introduced to the western world like what we see in China.

This will mean the basic things such as going out to restaurants, pubs, grocery stores, and other venues will all require you to have a certain credit score. If you don’t have it high enough, you’ll essentially be excluded from society.

Sweden have already started microchipping their population. Personally, I don’t like the idea of having technology inserted into my body because of the potential damage it could do to your DNA.

Facial recognition technologies are being implemented across the world, people’s private information is now public and tracking is more common than ever. As the world has made the shift from offline to online, people are seeking for decentralization as they don’t want to partake in the invasion of their privacy. 

Clear phones have become the “in-thing” among small groups. It’s also why cryptocurrencies is becoming more mainstream as people are attracted to the decentralization it offers from the mainstream system.

All these factors are making many people question the sanity of being in the major cities in the middle of the storm. We’ve already seen a big move for people to flee from the big cities and go off the grid to escape the chaos. Caravans and camper trailers have had record high growth amidst the pandemic in Australia, with 3,600 units built in the first two months of

2021 (which is 15% higher than any other year). I’m sure these numbers have since increased.

As the economy slowly collapses, you want to learn how to become sovereign and protect your identity and everything associated with it at all costs. This includes your investments, health, income, resources, and others.

In Summary

Economy Collapse

There you have it. Our top 9 tips on how to prepare for an economy crash financially, mentally and physically. 

Most people allow an economic collapse to cause unrepairable damage to their livelihood. They lose everything as they act too late and don’t prepare. We’ve seen this from times like the Wall Street Crash, Great Depression, and even in more recent times in Venezuela.

However, if you make a commitment to implement these tips into your life, as well as focusing on the solution, there’s incredible opportunities that awaits. All the elite know this to be true and financially thrive in economic crashes.

With government debt soaring through the roof, inflation on the rise, interest rates growing, and the world slowly moving towards a cashless society, the signs are showing we’re heading for a major collapse due to the economy being unsustainable. You want to be in the minority who capitalizes on the unique opportunities a recession presents.

If you’re keen to learn more and want expert guidance to implement strategies for top asset protection, book a FREE 30-minute Wealth Protection & Growth Assessment with our team to see how we can help and work together.

    Disclaimer: GWC Advice is Limited to Educational Advice.

    The information provided by Global Wealth Club is provided for educational purposes only. It should not be relied upon as financial product, tax, asset protection or legal advice. None of the information provided by Global Wealth Club  takes into account your personal objectives, financial situation or needs. You must make your own decision how to proceed.

    If you want financial product advice that takes account of your particular objectives, financial situation or needs, please seek advice from an Australian Financial Services licensee before making any financial decision.

    If you want tax, asset protection or legal advice that takes account of your particular objectives, financial situation or needs, please seek advice from a licensed professional in the area such as an accountant, lawyer or similar professional.