How Much Cash Should You Have If The Grid Goes Down?
If the power grid ever goes down or is taken out of commission, how would you buy anything, credit and debit cards would be useless. We would all be in a world of trouble, especially those that are ill prepared.
You simply would no longer have the luxury of hitting an ATM or a bank to take out cash . The mad rush would be on if disaster strikes, people would be buying up everything they can, as fast as they can, stores shelves would sell out of supplies in no time. Those that have cash on hand could go buy lifesaving supplies. This article dives into such a scenario, and discusses how important it is to have some backup cash on hand and suggests how much might be good to have stashed away.
More http://bit.ly/1IrDd71
'via Blog this'
If the power grid ever goes down or is taken out of commission, how would you buy anything, credit and debit cards would be useless. We would all be in a world of trouble, especially those that are ill prepared.
You simply would no longer have the luxury of hitting an ATM or a bank to take out cash . The mad rush would be on if disaster strikes, people would be buying up everything they can, as fast as they can, stores shelves would sell out of supplies in no time. Those that have cash on hand could go buy lifesaving supplies. This article dives into such a scenario, and discusses how important it is to have some backup cash on hand and suggests how much might be good to have stashed away.
More http://bit.ly/1IrDd71
'via Blog this'
Comments
Post a Comment