January 4, 2008
I mentioned this once before in a previous post, but I wanted to expand on the reasons it’s important to keep some cash in your house for emergency situations, and the most effective way to do it.
Bank Failure – I’m sure this is the most obvious reason, but you want to have cash in case something happens to the bank! If all of your money is in a bank account, and the bank has been destroyed… what are you going to do? You have to have some cash in order to have money in this situation.
Getting Out - I just have to think back to hurricane Katrina in New Orleans… you may not have time to stop at an ATM to get cash to get out of town! You may need a cab, or a hotel, it would be nice to be able to pay for those things instead of ending up in a massive shelter, where there is no privacy and little food.
Trade – I mentioned previously… I love movies and tv, and will use quotes anytime I can. So I have to think of Homer Simpson “awww… $20, I wanted a peanut” (Homer’s Brain) “$20 can buy many peanuts” Homer “Explain how!” (Homer’s Brain) “Money can be exchanged for goods and services” Homer “Woo HOO!” Cash is something immediately available. I can’t think of anything better to have during an emergency. (OK, except for everything else you need during an emergency).
A good way to start your cash stash is to set aside a little at a time. When you go to the grocery store and the little machine asks if you want cash back, say yes, and get 5 or 10 dollars. Place it in a secure, easy to retrieve location in your home and keep adding to it. You will see that it adds up.
So get going and start your cash stash today!
What I’m Doing or Buying This Week to Prepare
- I’m going to pull out $10 during my grocery shopping trip tomorrow and add it to my cash stash!








I mentioned previously that my “Emergency Preparedness Friday’s” are going to deal with all types of emergencies. Today we will tackle how to bring your child’s fever down if they get sick. Maddie woke up one night a few months ago and I went to get her and she was burning up! I really hate when that happens. You feel so bad! So what are the best methods for getting your kid feeling better again?














