Quick Answer
Including cash in a bug-out bag is crucial, as electronic transactions may not be possible in a post-disaster scenario and ATMs will likely be out of order.
Why Cash Matters in a Bug-Out Bag
In the event of a disaster, such as a hurricane, earthquake, or economic collapse, electronic transactions and ATMs may be unavailable. Without access to cash, you may struggle to purchase essential items, including food, water, and medical supplies. Having a stash of cash in your bug-out bag ensures that you have a means of acquiring necessary resources.
How to Store Cash in a Bug-Out Bag
When storing cash in a bug-out bag, it’s essential to consider the following: (1) divide your cash into smaller denominations ($1, $5, $10, and $20 bills) to facilitate transactions; (2) include a mix of old and new bills to increase their likelihood of being accepted; and (3) keep the cash in a secure, easily accessible container, such as a waterproof pouch or a dedicated money compartment in your bag. A good rule of thumb is to store at least $200-$300 in cash, which can be used to purchase basic necessities.
Alternative Currencies and Options
In addition to storing cash in your bug-out bag, consider alternative currencies, such as foreign currency or precious metals, which can be used as a backup in extreme situations. You may also want to include a credit card or debit card in your bag, but be aware that these may not be accepted in a post-disaster environment. Consider purchasing pre-paid debit cards or gift cards, which can be used to purchase essential items and may be more widely accepted than credit cards.
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