Other folks have said many things on this subject, so I'm gonna leave it short and sweet...
Preparedness is not crazy people wearing camo all the time and stockpiling guns and ammo.
Preparedness is "Just In Case."
Just In Case you lose your job.
Just In Case there's a tornado, or a hurricane, or a monster snowstorm.
Just In Case something goes wrong, preparedness is being able to deal with the situation easily, comfortably, and without relying on others that may not be able to get to you, or you to them.
Whether a minor emergency situation (being snowed in with no way to get out) or a major one (hurricane wipes out everything in your area)... It's smart to be at least marginally prepared for the kinds of things that are common to your area.
Wanna know more? Check out Mark's Blogtalk show this Friday. He's having some folks that know a lot more than I do about the subject on.
If I don't catch it the night it's on, I'll definitely be listening to the archived version.... No knowledge is wasted knowledge.
(Seriously? A refund from the power company??? I could handle that!)