Congress Agrees on a Tax Bill. What Does Proposed Tax Bill Mean for Older Americans? Learn More.

Reply
Bronze Conversationalist

Re: Emergency expenses/funds

352 Views
Message 21 of 22

I keep a stash of cash for natural disaster type events, too, but I keep it in a safe at the house.  If power goes out, phone lines down, etc., having the cash in the bank won't do you any good.  It's a good idea to keep both paper ($1, $5, $10, $20, and maybe a few 100s) and coin for those events.  Believe it or not, during one such event here in California, stores that did open were using battery powered calculators to figure out change.  The clerks didn't know how to count out change without knowing the total amount to give back.

Report Inappropriate Content
Highlighted
Treasured Social Butterfly

Re: Emergency expenses/funds

333 Views
Message 22 of 22

roachme wrote:

I keep a stash of cash for natural disaster type events, too, but I keep it in a safe at the house.  If power goes out, phone lines down, etc., having the cash in the bank won't do you any good.  It's a good idea to keep both paper ($1, $5, $10, $20, and maybe a few 100s) and coin for those events.  Believe it or not, during one such event here in California, stores that did open were using battery powered calculators to figure out change.  The clerks didn't know how to count out change without knowing the total amount to give back.


Good points!

 

 

Life's a Journey, not a Destination" Aerosmith
Report Inappropriate Content