For the last 6 months I have been making cash withdrawals from the bank so that we could have some cash on hand in the event that the electronic transaction infrastructure goes down for any period of time. I realize that this is extremely unlikely, but it can’t hurt to do this. The interest paid on checking, savings, and money market accounts is so low, we don’t lose anything in having some money at home.
Half of the money is in 1′s. The other half in 20′s. I am thinking about taking half of the 20′s and turning them into 5′s.
It feels good to have this done. Just one more small thing that is now behind us.
Once we get all the core preparations done, I plan on stocking up supplies that we could use in a bartering situation – toilet paper, cigarettes, coffee, etc. That is way down the road, but it is on our radar screen.
For any random person reading this post who might be thinking there are large sums of money to be stolen at our house, please know 2 things:
- It is really not that much money, and
- Recall my recent handgun purchases!