I believe in the event of total collapse money and even precious metals will become fairly worthless for quite a while. However, total collapse is unlikely. While you may be in a regional emergency the rest of the world still takes cold hard cash.
Money In Your Bug Out Bag Is A Must
1. Last Minute Shopping
Let’s assume since you read this site you are one of the smart ones who is getting out ahead of the curve. Stores may still be open. You can buy any last minute emergency items you need. (But keep reading this site and hopefully you won’t have to make any stops like that 🙂
More and more things come in vending machines these days. A few bucks might come in real handy for those. Of course, you could always just smash the front glass and take what you need. I guess it depends on the type of emergency and what kind of person you are.
If you are Bugging Out by Car, which many people will be, gas is a hot commodity. Maybe you just buy a 5 gallon container from someone you meet. Perhaps the gas station got hit with an EMP and they don’t take cards. (But if that’s the case the electronic pumps probably don’t worth either…take your own pump/ciphen)
4. Skilled Labor
You may find yourself in a situation where you need skills you simply don’t have. Wouldn’t it be nice to say “Here is several hundred bucks would please take this bullet out of my leg Doctor?” or the more likely: “Here’s $500 to replace my fuel pump in the next hour”
5. Get A Ride
Maybe you don’t have a good But Out Vehicle, or you lost yours for whatever reason. Someone offering to pay cash, especially in an regional emergency, has a much better chance of getting a ride.
What else do you need to say? That cop or guardsman at the road block might not be a whole lot better off than you are. A few well placed bills may be just enough to get you by that search. (Be Very Careful with this tactic!)
Finally, you may know based on the emergency that cash has lost it’s value. However, some of the sheeple might not realize that yet and still be willing to take cash for anything. If you find yourself in this situation buy as many supplies as you can and get out quick. It’s a limited time offer so to speak.
Diversification Is Key: Keep Gold/Silver Also
Money is crucial. However, as a good prepper, diversification is key. Having a proper emergency survival fund is important which includes a bit of everything. Have on hand some money, gold, silver, and bartering items.
For gold and silver, we highly recommend visiting these vetted sites to purchase precious metals:
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What other good reasons can you think of to carry cash with your survival gear? I guess you could always burn paper for fire tinder.