What would one consider minumin abount of cash to keep on person
I'm really new to this preparedness stuff and don't buy into it 100% yet, so most people on this forum will probably think that my answer is too optimistic. However, here goes.
I always have at least $20 on me. I keep an emergency $20 bill in my wallet, and I always have my wallet on me whenever I am outside the house. If my husband ever asks if I have any cash, and all I have is that $20, I answer that I have no cash. I *do* spend that emergency bill on occassion, for example when I spot a great deal at an unexpected garage sale. However, I also promptly replenish that $20 as soon as I can.
I have no plans to start carrying more cash on my body on a daily basis. Having walked around with several thousands of dollars of cash on me (once it was a regular part of my job, the other time was for international travel), I feel qualified to say that carrying a lot of cash on a daily basis is not fun. It's bulky and a constant source of worry.
I also carry 2-3 credit cards in my wallet which I think are just as important as the cash. Although cash might be king in most emergency situations, credit cards can also be *really* useful. When people were trying to buy gas here in Houston when evacuating from Rita, people were using credit cards and getting gas from stations that were closed and would not accept cash. Also, in an emergency situation, using a credit card whenever we can will help conserve our cash for other situations when only cash will do.
I always keep a few dollars worth of quarters in my car. Normally I hate dealing with change, as I can pay for almost everything with a credit card. However, most parking meters still take only coins, and the toll booths are much faster with coins since we no longer have an ezpass.
My husband also keeps at least several hundred dollars in cash at home in the safe in a variety of denominations. He doesn't tell me exactly how much is in there, and I don't ask as I trust him to maintain an adequate supply.
-Kuovonne