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How much cash in the BOB?

Posted By: Spider-Pig

How much cash in the BOB? - 11/27/11 06:55 AM

I'll be honest, I didn't read every word in the BOB threads while looking for this information, I just quickly breezed through them.

I'm wondering how much cash is ideal for the BOB, I don't remember any mention of this subject. I guess paper money would probably be worthless should TEOTWAWKI come around.
Posted By: imaginefj

Re: How much cash in the BOB? - 11/27/11 07:49 AM

Even in minor situation cash is nice. I have been to several places that for one reason or another couldn't take cards. I know guys who won't leave home with less than a grand in their pocket just in case.

But I think not having enough cash to at least fill your car up with gas and buy some McDonalds is a mistake.
Posted By: Anonymous

Re: How much cash in the BOB? - 11/27/11 07:57 AM

I keep two hundred in mine; 6 x $20 bills, 4 x $10, 4 x $5 and 20 x $1.

I also have a roll of silver dollars and a roll of pre-1965 silver dimes in my pack for the TEOTWAWKI. I doubt that will happen in my lifetime, but it just makes me feel like a cowboy walking around with a side arms and bag of silver. <img src="/ubbthreads/images/graemlins/smile.gif" alt="" />
Posted By: imaginefj

Re: How much cash in the BOB? - 11/27/11 08:39 AM

Quote
I keep two hundred in mine; 6 x $20 bills, 4 x $10, 4 x $5 and 20 x $1.

I also have a roll of silver dollars and a roll of pre-1965 silver dimes in my pack for the TEOTWAWKI. I doubt that will happen in my lifetime, but it just makes me feel like a cowboy walking around with a side arms and bag of silver. <img src="/ubbthreads/images/graemlins/smile.gif" alt="" />

That is a good number! I make my wife keep a little stash in her wallet and I am going to up it. It'll be 3 or 4 50s plus the smaller stuff she has usually.
Posted By: Sar5

Re: How much cash in the BOB? - 11/28/11 06:51 AM

I keep about the same, two to three hundred when I can. Mostly small bills, in a crisis you might not be able to get change.
Posted By: reconseed

Re: How much cash in the BOB? - 12/15/11 06:47 PM

not a dime. i have never been anywhere, and im from east tennessee, where i cant pay with my cc or dc. i carry my military id, dl, hg permit, and cc in a ID holder (found this thing in afghanistan @ the PX in Bagram) and will never carry another wallet.
Posted By: Massive Metal

Re: How much cash in the BOB? - 12/15/11 07:19 PM


If the power goes out your Credit Card may not be taken AND you may not be able to get cash from the ATM.
After the Northridge Earthquake in LA I had no access to cash for about two days.

I keep a few hundred in small bills in a small waterproof bag.


MM
Posted By: Spider-Pig

Re: How much cash in the BOB? - 12/15/11 08:32 PM

Yep, after Hurricane Ike my cards were useless.
Posted By: Sar5

Re: How much cash in the BOB? - 12/16/11 12:36 AM

Quote
not a dime. i have never been anywhere, and im from east tennessee, where i cant pay with my cc or dc. i carry my military id, dl, hg permit, and cc in a ID holder (found this thing in afghanistan @ the PX in Bagram) and will never carry another wallet.


I live in a large city and we had major storms, all the power was out, no cc or debit cards were accepted. If you can do without it's fine but I was in a buddies car and needed gas, he's not a prepper <img src="/ubbthreads/images/graemlins/smile.gif" alt="" />

Had to scratch the bottom of the barrel.
Posted By: amals

Re: How much cash in the BOB? - 12/16/11 04:19 AM

I believe we are witnessing the breakdown of the global financial and monetary system, and that at some point in the process, paper money could become worthless. However, I also anticipate the possibility that there could be a period or periods during which the credit and banking system has broken down, but people are still accepting cash that has not yet hyperinflated or otherwise become worthless. Others have already mentioned disaster experiences that fall short of complete breakdown, but during which the system didn't function. All of this speaks to the desirability of having some ready cash in small denominations to get you through at least a short-term crisis. How much you would keep in a bugout bag, or in some other way out of the banking system but still readily accessible, depends on your circumstances, but I think it should be as much as you are comfortable risking the loss or theft of. In a bugout bag, a couple/few hundred would not be too much.
EDIT: And Jarhead's thought of having some real silver is an excellent idea.
Posted By: Anonymous

Re: How much cash in the BOB? - 12/16/11 06:25 AM

Quote
not a dime. i have never been anywhere, and im from east tennessee, where i cant pay with my cc or dc. i carry my military id, dl, hg permit, and cc in a ID holder (found this thing in afghanistan @ the PX in Bagram) and will never carry another wallet.

Things must have changed since my last visit to the sandbox. We paid locals off with U.S. dollars on almost a daily basis in both Iraq and Afghanistan. We bought luxury items, like toilet paper and information/cooperation with cash.

Not only paying locals, but I don't think I saw any stores out in the mountains that took credit cards.
Posted By: amals

Re: How much cash in the BOB? - 12/17/11 03:58 AM

Quote
Quote
not a dime. i have never been anywhere, and im from east tennessee, where i cant pay with my cc or dc. i carry my military id, dl, hg permit, and cc in a ID holder (found this thing in afghanistan @ the PX in Bagram) and will never carry another wallet.

Things must have changed since my last visit to the sandbox. We paid locals off with U.S. dollars on almost a daily basis in both Iraq and Afghanistan. We bought luxury items, like toilet paper and information/cooperation with cash.

Not only paying locals, but I don't think I saw any stores out in the mountains that took credit cards.

There is a long history of people all over the world being happy to take U.S. dollars for goods, services, tips, bribes, etc., instead of, and often in preference to, their own currencies. Any traveler would have experience with that. Sadly, I think those days could be coming to an end. Hang onto your silver, Jarhead.
Posted By: Anonymous

Re: How much cash in the BOB? - 12/17/11 08:10 AM

I agree with you Amals.
Posted By: michelangelo

Re: How much cash in the BOB? - 12/17/11 12:49 PM

I didn't carry with me a specific amount of cash. Let's say I have normally 20-50 euros (30-70USD more or less) whit me. Sometimes no euros at all.
Anyway, I have always with me a silver dollar (date: 1924, a Peace Dollar http://www.silver-coins.org/1924_peace_dollar.html). My grandad gave me when I was a child: it's my amulet since :-)
Posted By: reconseed

Re: How much cash in the BOB? - 12/17/11 11:21 PM

Quote
Quote
not a dime. i have never been anywhere, and im from east tennessee, where i cant pay with my cc or dc. i carry my military id, dl, hg permit, and cc in a ID holder (found this thing in afghanistan @ the PX in Bagram) and will never carry another wallet.

Things must have changed since my last visit to the sandbox. We paid locals off with U.S. dollars on almost a daily basis in both Iraq and Afghanistan. We bought luxury items, like toilet paper and information/cooperation with cash.

Not only paying locals, but I don't think I saw any stores out in the mountains that took credit cards.

no its the same. but the fact is this. I do NOT carry cash on me here. we have something called an eagle cash card that ALL soldiers are required to have if you want to buy anything ANYWHERE, other than the bazaar. im the FOO officer for my unit so i have 10,000 of your tax dollars to spend on whatever we need, so I dont carry any of my cash. i let it bankroll in the checking account. home soon. where my CC and DC work and are gladly accepted <img src="/ubbthreads/images/graemlins/wink.gif" alt="" />
Posted By: imaginefj

Re: How much cash in the BOB? - 12/18/11 03:35 AM

I was in Pizza Hut a few weeks back because I had this killer coupon. They had some internet issue and couldn't take plastic...

Off to the ATM to get my pizza. After that I have been much better about having cash. No emergency just convenient.
Posted By: Endeavour Morse

Re: How much cash in the BOB? - 12/22/11 10:04 AM

I don't keep cash in my BOB, but would not "bug out" without my wallet.

My wallet has (at minimum) $100 in it at all times. I usually have more cash.

In a short term emergency, the more cash you have the better.
In a TEOTWAWKI situation, cash (paper money) = worthless.

Didn't a cord of firewood cost $8,000,000,000 Marks during the 1920's German depression?
Posted By: Spider-Pig

Re: How much cash in the BOB? - 12/22/11 12:56 PM

Yeah, that was right after their government flooded the economy with paper money.
Posted By: Endeavour Morse

Re: How much cash in the BOB? - 12/24/11 03:05 AM

Sort of like the Fed hitting PRINT all the time. Oh wait, they have a phrase for it....

Quantitative Easing... <img src="/ubbthreads/images/graemlins/crazy.gif" alt="" />
Posted By: SkunkHunter

Re: How much cash in the BOB? - 12/25/11 10:04 AM

Quote
Quantitative Easing... <img src="/ubbthreads/images/graemlins/crazy.gif" alt="" />

Or put another way, "OH Sh.."! <img src="/ubbthreads/images/graemlins/wink.gif" alt="" />
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