I’m not the best person in the world to give out debt advice. However, experience gives wisdom, and of course I have experience with debt. How do you balance the need to purchase emergency preparedness supplies when you have debt to pay?
To buy cool gear and essential supplies, you need money. The best thing to do is to get your financial stuff all in order. List down exactly how much you owe, who you owe to, and identify the interest rates that you are paying. Then you can prioritize your debt repayments. You may want to consider some third party debt consolidation services so that it’s easier to repay your debts (and limits the number of angry creditors who call you). Once you know how much you have to pay creditors each month, you can start setting aside a small budget for emergency preparedness.
If you really are having problems with your debts, don’t think that bankruptcy is the only way out. There may be other options, such as the Individual Voluntary Arrangement.