Cash Is King -The Importance of a Cash Stockpile

Please Share This Page:

There’s been a serious trend among preppers for the past few years to stock up on gold and silver. And while there are certainly advantages to having a gold bar or two in your possession, far too many people are neglecting to acknowledge the importance of having some good old fashioned cash on hand.

Granted, in a true SHTF scenario, even cash will soon begin to lose its value as people will eventually revert back to bartering and trading of services. But what about scenarios that don’t involve a complete and extreme collapse? When it comes to dealing with natural disasters or other scenarios that might take the electronic grid down for anywhere from a few days to a few weeks, there are very real benefits to having cash readily available on hand.

And you don’t have to go very far back to see this theory in action, either. As recently as Hurricane Katrina’s devastation in New Orleans and Hurricane Sandy on the East Coast, thousands (if not millions) of people found themselves armed with nothing but useless plastic cards as electricity went down, making electronic purchases impossible. That meant that people who didn’t have cash readily available had no way of purchasing basics like food, water, or fuel. There were no reports of local merchants and grocery stores accepting hunks of gold or silver in exchange for bread and cereal.

[ad code=1 align=center]

The moment the power grid goes down–locally or nation-wide–your credit and debit cards become nothing more than a hunk of molded plastic. Which is why you should keep enough cash safely and readily available to handle at least a few days in a hotel, groceries, gas, and any other necessities. Even in the event of a total financial collapse, it will take the public a while to accept that currency has become devalued, and people will be desperate to sell things for cash.

Cash Stockpile

So what can you do to build up a cash stockpile to match your canned goods and first aid supplies? For starters, remember that it will take time. You should never neglect to pay your bills to stash the cash. What you can do however, is take a closer look at your monthly expenditures and decide where you can carve out some wiggle room.

cut costFor example, switching from a full cable package to one with fewer channels, ditching the expensive cell phone plan for a more streamlined one, or even making the simple swap between eating out and brown bagging your lunch are all easy ways to carve out as much as a few hundred dollars a month. Tuck that money away, and make sure you don’t touch it unless it’s a dire emergency.

Additionally, you can take the budget you normally allocate towards prepping and redirect it for a few months. In other words, take a break from building up your stockpile for a couple of months and save the money that would normally go towards supplies in your untouchable emergency cash stash, instead. It will take some time, but by cycling the two stockpiles this way, you can build both up together.

By FamilySurvivalPlan Contributor

I Can't Help Showing This Off

If you haven't heard of Claude Davis yet do yourself a huge favor and watch this video. He's going to be the talk of 2016.

One of the smartest guys I ever had the pleasure of meeting, Claude set-up a unique system that changed his life forever.

I already tried it myself and let me tell... you I was completely blown away... His surprising tactics could make your life easier and give you the peace of mind you deserve.

Don't just take my word for it... watch his short video and decide for yourself.

Most People Don't Have The Guts To Try This:

Lost Ways Of Survival Video

An amazing discovery in an abandoned house in Austin, Texas: A lost book of amazing survival knowledge, believed to have been long vanished to history, has been found in a dusty drawer in the house which belonged to a guy named Claude Davis.

Remember... back in those days, there was no electricity... no refrigerators... no law enforcement... and certainly no grocery store or supermarkets... Some of these exceptional skills are hundreds of years of old and they were learned the hard way by the early pioneers.

>> Click here to find out about them now

We've lost to history so much survival knowledge that we've become clueless compared to what our great grandfathers did or built on a daily basis to sustain their families.

Neighbors said that for the last couple of years Claude has tried to unearth and learn the forgotten ways of our great-grandparents and claimed to have found a secret of gargantuan proportions. A secret that he is about to reveal together with 3 old teachings that will change everything you think you know about preparedness:

>>> Click Here To Watch His Short Video <<<

More Off-Grid And Survival Resources:

  1. Survive The End Days (Preparation Tips For TEOTWAWKI)
  2. Famous Chef Sheds 60lbs Researching New Paleo Recipes: Get The Cookbook FREE Here
  3. Bullet Proof Home (Amazing Secret Tactics To Protect Your Home Against Looters, Thugs And Thieves)
  4. "Red" Smoothie Helps Alabama Girl Shed 80lbs!
  5. Survival MD (Field medical guide to survive any crisis situation)
  6. #1 muscle that eliminates joint and back pain, anxiety and looking fat
  7. US Water Revolution (Generate Your Clean Water Anywhere)
  8. Blackout USA - How To Survive An EMP / Long Term Grid Down Situation
  9. The Lost Ways Of Survival - Ancient Survival Secrets Of Our Ancestors
  10. Here's What Happens When You "Unlock Your Hip Flexors"

Please Share This Page:


  • By Christian Gains, October 21, 2014 @ 20:32

    Eric, very good and wise counsel! I do have a suggestion concerning the utility of Gold and Silver though. My wife and I spent over 40 years as Missionaries, (both abroad and here). While abroad, we learned that gold and Silver were VERY much accepted by merchants. BUT! We ALSO learned that the size, (denomination) of the precious metals were the key to utility! We found that 1/4 oz. coins were quite easy to use, whereas the 1 oz. coins were a bit awkward and too valuable. And, a bars were COMPLETELY out of the picture. If we have a electrical meltdown, cash IS DEFINITELY a must, but it won’t be long, possibly a month or less. THEN, small coins will be VERY USEFUL!

    So, all this to suggest that, folks work towards small denomination (1/4 oz.) coins, in precious metal, [about 100 in Silver, and 25 in Gold?], is a good balance to fiat paper. And, at the same time, cash, as you’ve pointed out, WILL be VERY useful in the short term.

  • By Anne, October 28, 2014 @ 01:22

    Cash as in bills should be no larger than $20. It won’t take long for people to realize the monetary value for goods is only with barter.

  • By EastTenn, December 31, 2014 @ 19:05

    When travelling on vacation, I always carry enough cash to get me home. You never know when you might need gas and their credit card machine is down or they don’t have one.

Other Links to this Post

RSS feed for comments on this post. TrackBack URI

Leave a comment

WordPress Themes