Cash on hand. What is needed?

libertysnake said:

Probably hazardous waste disposal events. They may take it. Normally towns will run them a few times a year.

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Way easier to just burn it in the car.

Diluted into the fresh gas you'll never notice.

MikeM said:

Money at home, at my storage place and my office. A few grand each.

This thread reminded me that I used my generator this past summer for the first time. And I just remembered that when refilled a few gas cans I forgot to put in stabilizer. How do I get rid of the gas now? Would it be safe to put a few gallons in the car each time botulinum?

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how old is it?
I took shit gas out of my kids wheeler and burning in snow blower.

Doc8404 said:

how old is it?
I took shit gas out of my kids wheeler and burning in snow blower.

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At only 6 months old it'll probably run just fine in a fuel injected vehicle, even undiluted.

If you mix it half and half with fresh fuel you'll never notice a thing.

Even 2 years old it would probably run fine like that.

spat said:

At only 6 months old it'll probably run just fine in a fuel injected vehicle, even undiluted.

If you mix it half and half with fresh fuel you'll never notice a thing.

Even 2 years old it would probably run fine like that.

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totally agree.

Drinkthekoolaid said:

For those who are interested this is the guy predicting another crash. He called the 2008 before it happened. He's predicting it again in the near future.

This is well worth 20mins of your time

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I had forgotten how the government went after him with tax audits following the crash. Typical washington behavior. Just like Trump, Burry was an outsider who played the game and won. His criticism of the government and the Fed got him in trouble since he made it clear the disaster in the mortgage markets was foreseeable and therefore embarrassed the "experts."

Remember this the next time you think the govt will ever conduct an honest investigation (durham report cough cough).

dsdmmat said:

I think 2K is probably adequate for short term disasters. This way both of you can carry a thousand if you get separated. More important is to have a full tank of gas and a few 5 gallon cans on hand. That way you do not have to worry about getting out of the effected area, when the gas stations are overwhelmed with people or cannot operate because they have no power.

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Everyone has different requirements ... I would say at least 3 months living expenses ... and leave it at that. In the past I have had over 6 months expense covered . During a layoff it was welcome indeed. To be honest with you folks I have not recovered to that level of cash on hand.. I do have a lot more food and such on hand today in the house. Food inflation is real so that was a good move for me.. However .... My insurance company would frown if I sent them a few spiral hams in lieu of a check....

Without going back to find whoever mentioned what your insurance company would cover it made me call mine. Only $500 cash.
same thing goes for gold, silver

Had to check my coverage.


Special Limits Of Liability.
It details more specifically but the short of it is:

$1,500 Cash in house

$10,000 Firearms

$10,000 Silverware (not sure if this is what you meant by precious metals)

$10,000 Jewelry, Watches ($5,000 per item)
Let me know if you want to chat on this. It’s important to notes that the Firearms, Silverware & Jewelry limits are for loss by theft, misplacing or lost items. In other words, if those items should perish in a fire, they would be covered in full but limited to your personal property limit of $343,200.

Doc8404 said:

Had to check my coverage.


Special Limits Of Liability.
It details more specifically but the short of it is:

$1,500 Cash in house

$10,000 Firearms

$10,000 Silverware (not sure if this is what you meant by precious metals)

$10,000 Jewelry, Watches ($5,000 per item)
Let me know if you want to chat on this. It’s important to notes that the Firearms, Silverware & Jewelry limits are for loss by theft, misplacing or lost items. In other words, if those items should perish in a fire, they would be covered in full but limited to your personal property limit of $343,200.

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So... all those guns lost in boating accidents are covered??? Sweet!

kev74 said:

So... all those guns lost in boating accidents are covered??? Sweet!

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yeah. And if the boat sank, it’s under the homeowners policy too!

dsdmmat said:

We were talking general cash on hand in the house. I for one would not have 25K in cash at the house. Way too many things can go wrong and poof it is gone. I agree 6 months worth of expenses is great to have available.

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thats still 18k

I think 5K is enough, my thought is if I have to drive to hotel and stay there for a while I could

imo.. It's a good idea to have cash on hand in case of an emergency. When the electric goes out your ATM card isn't going to work. Your debit/ credit cards aren't going to work. At least with cash you can still buy things even if the store's CC machine is down.

How much cash to have on hand depends on the individual... Some may have a few hundred, few thousand. Others may have more. Everyone is different. Some folks don't feel comfortable with a lot of cash in their possession. Do what works for you. There's no wrong or right way.

I always have cash around. I feel naked without cash in my pocket.

I know my neighbor doesn't keep any cash in the house bc he often asks to borrow some of mine. I use "borrow" loosely. I would offer him a reverse mortgage type of deal if the house wasn't in NY.

Stockpiling gas was mentioned earlier.
Many people dont know that there is summer blend and winter blend gas.
Rotate / use up your supply accordingly.
We have some 500 gal storage tanks at the farm and I usually only get summer gas. I'll wait till spring to refill them as we go through much more during the warm weather ( boats, yard equipment, etc).
I also cut the farm diesel with kerosene during the winter. Straight diesel when the snow is gone.

Target said:

Stockpiling gas was mentioned earlier.
Many people dont know that there is summer blend and winter blend gas.
Rotate / use up your supply accordingly.
We have some 500 gal storage tanks at the farm and I usually only get summer gas. I'll wait till spring to refill them as we go through much more during the warm weather ( boats, yard equipment, etc).
I also cut the farm diesel with kerosene during the winter. Straight diesel when the snow is gone.

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yes there is.
But both burn.
so the advantage of one over the other is?

Doc8404 said:

yes there is.
But both burn.
so the advantage of one over the other is?

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Higher percentage of ethanol in winter gas. Ethanol absorbs water and the primary reason ethanol gas sucks.

Regarding cash on hand. As much as you are comfortable with. What are the circumstances? Power out for a few days...1k ought to do. Extended grid down.....5k+. Need to bug out someplace else due to untenable living conditions....10k+. Need to disappear on a long term basis....As much as possible. Cash and Hard Currency (metals) is like any other prep. What are you looking to accomplish. How much food and water is enough? How much ammo? How much fuel? How much medical? Depends on your scenario. Are you trying to ride out a bad storm and aftermath or survive the zombie apocalypse or somewhere in-between on that scale. I try to get to the more extreme end of the scale because I subscribe to the better to have it and not need it than the other way around.

So for example, when we travel I like to bring enough to maybe get home.. in the us it’s about 1500 if I’m going more than 500 miles. When we go to Mexico or Caribbean it’s about 2500 ( think chartering a small plane or boat)

wife and I went to Iceland and brought 1500 each. Thinking it would probably cost more to get home from there.

this is not spending money, its insurance when we get home it goes back in the safe. To me the scariest part of traveling is having something happen and not being able to get home, I’m not above sneaking back across the border if I need to. Ya just never know, cash will help facilitate getting home I hope.

Doc8404 said:

yes there is.
But both burn.
so the advantage of one over the other is?

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Winter gas converts from liquid to vapor at a lower temperature. Summer gas may have starting/ running issues in cold weather as it stays liquid at low temps.
Winter gas may evaporate more in the warm days and possibly contribute to " vapor lock" in cars that are prone to it.
Fuel injected motors may be affected less than carburated units due to fuel being under pressure in the lines.

I was under the impression that the ethanol content was 10% all year ( I'll read the decal at the pump next time I fuel up)

My emergency gas is always 90-91 ethanol free.

phatfarmerbob said:

So for example, when we travel I like to bring enough to maybe get home.. in the us it’s about 1500 if I’m going more than 500 miles. When we go to Mexico or Caribbean it’s about 2500 ( think chartering a small plane or boat)

wife and I went to Iceland and brought 1500 each. Thinking it would probably cost more to get home from there.

this is not spending money, its insurance when we get home it goes back in the safe. To me the scariest part of traveling is having something happen and not being able to get home, I’m not above sneaking back across the border if I need to. Ya just never know, cash will help facilitate getting home I hope.

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so where would you keep insurance money? On you, suitcase?

Usually some on me, some in carry on, never in checked baggage.

if we do excursions it’s in my pack that I always carry. If we’re doing a pool or beach day it’s locked in the safe in the room with passports.( Generally) not always sometimes it stays in the room if for example we’re going snorkeling or something where I’d have to leave the bag

My dad taught me this 40 years ago.
Food, fuel, medical supplies, firewood, generator, a decent woman and cash.

Criticalt said:

My dad taught me this 40 years ago.
Food, fuel, medical supplies, firewood, generator, a decent woman and cash.

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What? No porn?

GTN said:

What? No porn?

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I said decent woman......I can take it from there.

phatfarmerbob said:

So for example, when we travel I like to bring enough to maybe get home.. in the us it’s about 1500 if I’m going more than 500 miles. When we go to Mexico or Caribbean it’s about 2500 ( think chartering a small plane or boat)

wife and I went to Iceland and brought 1500 each. Thinking it would probably cost more to get home from there.

this is not spending money, its insurance when we get home it goes back in the safe. To me the scariest part of traveling is having something happen and not being able to get home, I’m not above sneaking back across the border if I need to. Ya just never know, cash will help facilitate getting home I hope.

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Same here. We travel often, and I always have plenty of cash on me to make sure we can get home.

I had a friend get stuck in Florida years ago when his bank shut down his debit card thinking there were fraudulent charges as they saw it getting used erratically down the east coast. He called them and they said they couldn't turn it back on. Sorry. He had to have family wire money as he had NO cash with him at all. This was 20 or so years ago.