8 votes

Unbelievable "Advice" from USAA to Customers on How to Prepare for a Government Shutdown

My brother just called me to tell me he just received an email from USAA, formerly known as the United States Army Automobile Association, offering advice on how to prepare for a government shutdown. What was their advice you ask?!

1. get on a budget and use their online tracking software
2. cut every expense except insurance
3. put cash in a bank
4. hold off on big purchases, see #3
5. be sure you're approved to borrow money

You think I'm kidding or exaggerating? See for yourself!

https://www.usaa.com/inet/ent_blogs/Blogs?action=blogpost&bl...

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USAA

I've used then for 12 years and have been very pleased with their services and have had nothing but a good experiences dealing with them. They got me through several tough claims including a lawsuit. That's my experience anyway.

http://lionsofliberty.com/
*Advancing the Ideas of Liberty Daily*

I'm sorry but that's bullshiz

USAA is the de facto insurance company for active duty and retired military personnel (and now DOD employees, I believe) for the sole reason of MASSIVE DISCOUNTS on insurance when compared to all other provider's rates...With the exception of GEICO (Government Employees Insurance Company), which offers basically the same exact rates as USAA for active duty military and federal employees.

Your brother is full of crap.

what's the issue?

i'm not sure what your problem with it is. what would your advice be?

TwelveOhOne's picture

Advice?

Buy guns, gold, silver, ammo, food, food storage, seeds, water and water treatment.

But you won't hear this from the government. They think giving your resources to a third party is a good idea, and we all know possession is 9/10ths of the law. When the bank closes, how do you get your cash back? Fail.

The government failing is just the first step in a long line of traumas. Hopefully we can avoid it, but if not, be prepared and hopefully survive.

I love you. I'm sorry. Please forgive me. Thank you.
http://fija.org - Fully Informed Jury Association
http://jsjinc.net - Jin Shin Jyutsu (energy healing)

Why on earth did someone downvote your comment?

?

because

both you and he didn't read the article, or understand this isn't a conspiracy. use your brain.

In the case of a government shutdown...

...it's difficult to predict exactly how markets and people will react. The last place I want my only cash on hand is in a bank, and the last thing I'd be worried about is borrowing money.

Granted, the general advice of cutting spending and saving up an emergency fund, and holding off on large purchases is sound advice that is pretty much common sense, but I was really rubbed the wrong way about some of the suggestions.

How about something more like:

If you work for a government agency or any industry dependent on government, seek new employment.....that's what I did.

I'm a serial entrepreneur and liberty activist from Texas!

www.RevolutionCarBadges.com
www.NonNetwork.com

#1 was enough for me...

Why would anyone be silly enough to load all their income and expense data into their online database?

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

if you read the article

#1 is to budget. You've been duped by someone with agenda

#1 Verbatim

1. Develop a Spending Plan

If your income has just been cut (or soon could be), get uber-focused on developing a budget. This number-crunching reality check will show you where your money goes and where to cut back. To get started, use the USAA Money Manager.™ It's a simple and easy way to set up a budget and track your spending, regardless of where your accounts are.

I edited the OP to make number one a little softer, since you seem to have a problem with my paraphrasing and me making a stink over this.

I'm a serial entrepreneur and liberty activist from Texas!

www.RevolutionCarBadges.com
www.NonNetwork.com

who made the stink?

You have an issue with some free service HELPING MILITARY MEMBERS BUDGET.

Do you know who the biggest target of payday loans is?
Do you know who joins the military? Is it college graduates? Or is it people that may need assistance?

You're a joke. You took an article that was MEANT TO HELP PEOPLE WHO SACRIFICE THEIR LIVES who MAY lose their WAGES AND INCOME and you made it into a conspiracy.

I speak to HUNDREDS of military members on a regular basis. IF YOU THINK they could not use the advice on how to deal with their finances, just as the majority of regular civilians, you are sadly mistaken.

Your conspiracy that a website, developed and owned by veterans, that helps members develop a budget, is a vast conspiracy in order to understand their spending...

Well...

You're the one that said those earning far less than the average American need to be montiored for what they are spending their money on...

I, personally, think those members that started USAA, they may have higher interests than you.

And, since you are a conspiracy theorist.. tell me.. how should they budget? I take it you think USAA is a govt scheme.. so, you clearly take issue with them budgeting on a computer given NSA?

Get over yourself.

Once again...

My brother is NOT in the military and never was, and you brought up the word "conspiracy." I see what you're doing here. It's quite obvious if anyone just goes an reads all your comments on this thread.

Is anyone else seeing what I'm seeing?

I'm a serial entrepreneur and liberty activist from Texas!

www.RevolutionCarBadges.com
www.NonNetwork.com

I cracked the riddle.

He is a troll trying to get rise out of people. He does not share an interest in real issues and is most likely here to cause controversy.

Where 'bouts are you in Texas?

proverbs 20:15
There is gold, and an abundance of jewels;
But the lips of knowledge are a more precious thing.

i'd sayyy

1) withdrawal all cash (not deposit)
2) Buy gold, silver, water, really anything you can use to barter... cigs, gas/fuel, charcoal, etc
3) buy guns/ammo (for protection not aggression)

I have not been preparing but this would be my first response if it wasn't too late

proverbs 20:15
There is gold, and an abundance of jewels;
But the lips of knowledge are a more precious thing.

#2 gradually over time. Not

#2 gradually over time. Not during of course xD

Homeland security statement: patriotism is now considered terrorism.
I love www.isidewith.com shared it with everyone I know. If anything they realize its not just a red and blue idiot running for reelection.

Do you have a favorite place

to buy your gold and silver? Any recommendations??

thanks for the worthless comment

You do realize you are speaking to military members, right?

No? You really felt the need to tell them to buy protection? Or that other items than dollars are money?

You really don't respect our military apparently.

what the hell are you talking about?

are you referring to me??

A)NOT all members of the DP are in the military and it is not required to be in the military to read this thread
B)I did not tell anyone what to do.. I simply stated what I would do in preparation
C)What are your grounds for claiming I do not respect our military?
D)WTF?

I come to the DP to educate myself on liberty and help others do the same. We all share different pieces of information that in turn help benefit us all with a wealth of knowledge. However, I do NOT come here to read through comments and find people to be aggressive toward just to make some irrational point.

I write this with nothing but love,
T4L

proverbs 20:15
There is gold, and an abundance of jewels;
But the lips of knowledge are a more precious thing.

Start now!

"I have not been preparing but..."

You should be.. Everyone should be.

Do not allow your and your family's futures to be decided by some gov't thug or ordinary criminal. Being unprepared could be as good as a death sentence some day.

Our family's journey from the Rocket City to the Redoubt: www.suburbiatosimplicity.com

that site...

the site you referenced requires cookies to view the text and i don't visit sites that "require cookies"...

I use Blue Wave, but don't expect one of THEIR silly taglines.

Bad Link

The link that was given has a parameter that triggers the "must enable cookies" page.

Try this instead: https://www.usaa.com/inet/ent_blogs/Blogs?action=blogpost&bl...

(Removed the EID=corp_cc_13_09_35-44-05 parameter.)

If you don't care now how the problems get solved, you can shake your head later that you never got involved. 'Cause a call came ringing from the throne of gold but you never got the message 'cause your mind's on hold.

Well it's a bank/insurance site...

...and I'm pretty sure all those types of sites require cookies.

Here's a copy and paste:

5 Tips to Prepare for a Government Shutdown

Posted on Aug 21, 2013 | Category: Managing Your Money
By Scott E. Halliwell, CFP®, ChFC®, CLU®

What if the threat comes true this time and our government actually shuts down? Will your financial house shut down too?

I think it's safe to say that all of us would rather avoid that experience, but it's best to be prepared in case we can't. With that in mind, here's a five-step strategy you can begin working today to help you be prepared, just in case.

1. Develop a Spending Plan

If your income has just been cut (or soon could be), get uber-focused on developing a budget. This number-crunching reality check will show you where your money goes and where to cut back. To get started, use the USAA Money Manager.™ It's a simple and easy way to set up a budget and track your spending, regardless of where your accounts are.

2. Reduce Expenses

If your income drops, your expenses should too. To free up cash, study your current cash outflows and find places to cut back on nonessentials now. Expenses like premium cable channels and frequent dining out are "wants," not "needs," and are a great place to start. You should also reexamine your approach to debt payments during this time. If you'e paying extra and don't currently have an emergency fund, you might be better off temporarily redirecting those extra payments to savings instead. Once you've got that built up to at least $1,000, then you can attack the debt again. The USAA Debt Management Tool (login required) can help you decide the best way to do this to save time and money. Finally, be careful not to cut important expenses like insurance coverage. Being uninsured or underinsured could be devastating in the event of a loss.

3. Build Up Your Savings

If there is ever a chance your paycheck could get disrupted, your first line of defense is to have cash in the bank. So, take the money you've freed up by cutting expenses and build up an emergency fund. Your goal should be three to six months of basic living expenses, and tools like the USAA Goals Planning Tool can be helpful in setting one up.

4. Hold Off on Large Purchases

Occasionally, families buy big-ticket items such as household appliances or cars. But if your finances are on shaky ground, put those purchases on hold.

5. Ensure Access to Available Credit

No, you don't want your current circumstances to bury you in debt, but make sure you have credit available just in case you run out of cash and don't have any other options. As an additional layer of financial security, establish overdraft protection on your checking account if you don't already have it. Also, research any related rates and fees associated with any borrowing you have to do. Again, you should avoid taking on extra debt if possible, but use it as your safety net if you have to.

If you're fortunate enough to be unaffected by Washington's woes, your belt-tightening efforts will still leave your finances in better shape.

I'm a serial entrepreneur and liberty activist from Texas!

www.RevolutionCarBadges.com
www.NonNetwork.com