What would happen if you couldn’t access the money in your checking account and / or use your credit cards
- for a day?
- for a week?
- for longer?
It is a good idea to have cash stored somewhere in your home (or multiple places). Even something as simple as a 24 hour power outage could have credit card machines down making it tough to access all that “electronic” money. Or, if someone gets your credit card number and uses it fraudulently, you will have to wait for a new one. Having some cash available is simply smart.
I keep a few hundred dollars in our 72 hour kits as well as more cash in a few well hidden places in our home. The security this brings is priceless and it doesn’t take more than a few minutes of your time.
And don’t worry / stress if you can’t afford to stash a large amount of cash right now. Just commit to add to your stash bit by bit…even a dollar or two per paycheck is MUCH better than nothing! We didn’t all the cash we have stored over night! It took a few years!
My favorite place to store cash is in the refrigerator / freezer since that is somewhere that would also keep it safe from house fire. We also have cash in our 72 hour kits and in our water proof / fire proof safe where we keep our important documents.
Here are a few (more theft-proof than the mattress) places to consider stashing your cash:
- 15 Secret Hiding Places that will fool even the smartest burgler
- Places to hide cash pinterest board.
- 20 places to hide money at home other than under your mattress.
Now, next time you are at the bank, withdraw a little extra cash…whatever you can afford and spend 10 minutes stashing it somewhere safe! Easy Peasy!
Lack of Time
I’ve found that there are lots of reasons that keep people from becoming better prepared or more self reliant. But as a young mom one of the top reasons is time, or rather a lack of time.
But really, I don’t think us young moms are alone….
I think that many, if not most, in our fast paced society feel that time slips through their fingers regularly. And when feeling rushed and anxious, it can be difficult to invest time in becoming more prepared and self reliant.
10 Minute Preparedness Projects!
But very one of us can find 10 minutes, right? Every 10 days or so, I challenge myself to spend 10 minutes on preparedness and self-reliance and I invite you to join me! Simple, right?
You can see all the 10 minutes preparedness projects here: