Part of being self reliant is learning how to stand on your own two feet in an emergency. This post is not going to talk about emergency preparedness when it relates to food, first aid, gold, silver, weapons, or ammunition.
Let’s just say a storm, or catastrophic event occurred in your area causing total loss of power for longer than a week. Would you have access to your cash? Think about it folks………….if you depend on using your ATM/debit or credit card, and don’t carry cash, you’re in for a rude awakening.
Prime example: when a category F5 tornado ran through Moore, Oklahoma, electricity was lost; homes and businesses were destroyed (flattened/totally leveled), and those not touched, were closed because they were near the devastation. Could I access my money at the bank?
No………because there was no electric, and because the credit union was destroyed. Was my family prepared before this major tornado rolled through? Yes, of course we were.
My husband and I take being prepared seriously because your life and your family’s life depend on it. I’m not talking about raiding your checking / savings account to later become a victim of a robbery. You should have cash in hand (an emergency fund) not tied up in a bank/credit union to fall back on when the going gets tough.
In May 2013, on two occasions, my family left our home to get out of the path of major tornadoes. With our emergency fund in hand, and supplies to include; food, water, first aid, communications, animals, and security items, we escaped devastation. You can read our story here.
Have I given you something to think about?
Tell me: would you and your family be okay if you couldn't access your money?
Money Source: You Tube