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>> If the power goes out, I can't get any cash. I don't keep any meaningful amount cash on hand and neither does anyone I know, including my elderly relatives.

>> If the power goes out, I can't get any cash. I don't keep any meaningful amount cash on hand and neither does anyone I know, including my elderly relatives. Well, that is well on your single data point, here is mine: I live in a bad weather prone area of the united states. I do not know _anyone_ that does _not_ have a meaningful amount of cash in the house for bad weather. Yes, stores here operate with low/no power or communications and use cash. I agree with the poster who noted that it provides a localized resilience. It is your fault, not anyone else's, that you do not have some currency. Truth be told, I have kept about a weeks worth of spending in cash for decades in the house, just in case, and I have indeed had to use it during long term power outages. Heck, in my area just last week, all of my banks ATMs were down for the entire week due to a software issue after an upgrade (I am not making this up). While I might not have needed cash, it shows the fragility of our systems we rely on.

deleted 3y ago
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Clubber 3y ago
I also keep cash around. I always put $200 in my wallet around payday and spend it like petty cash. Next payday, I make sure it's $200 again. I always fill my gas tank at 1/2 too. I also have 2 5 gallon containers of fresh water in my garage. It's simple preparedness that is fairly low effort.
- raffraffraff 3y ago
  My BIL does the low effort stuff. Extremely low effort. He has a bunch of canned fish. Oh, and he got solar panels. But didn't know that they don't actually work if the grid goes down. So we had a regional power cut a few weeks back and he was astonished that his house went dark. He was about to complain to the company that installed it when I reminded him that I told him he had to pay extra for a grid-side battery and some additional circuitry, and he replied that he didn't think he needed that, and would save the money. At least he had his canned fish. I gave him some candles.

deleted 3y ago

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Clubber 3y ago

I also keep cash around. I always put $200 in my wallet around payday and spend it like petty cash. Next payday, I make sure it's $200 again. I always fill my gas tank at 1/2 too. I also have 2 5 gallon containers of fresh water in my garage. It's simple preparedness that is fairly low effort.

raffraffraff 3y ago
My BIL does the low effort stuff. Extremely low effort. He has a bunch of canned fish. Oh, and he got solar panels. But didn't know that they don't actually work if the grid goes down. So we had a regional power cut a few weeks back and he was astonished that his house went dark. He was about to complain to the company that installed it when I reminded him that I told him he had to pay extra for a grid-side battery and some additional circuitry, and he replied that he didn't think he needed that, and would save the money. At least he had his canned fish. I gave him some candles.