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Bronze Conversationalist
Posts: 16
Registered: ‎07-17-2011

Re: Emergency expenses/funds

Message 21 of 22 (195 Views)

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.

Respected Social Butterfly
Posts: 35,634
Registered: ‎02-27-2008

Re: Emergency expenses/funds

Message 22 of 22 (176 Views)

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!

 

 

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