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#205335 - 07/31/10 02:55 PM cash in your BOB
Frankie Offline
Old Hand

Registered: 09/19/03
Posts: 736
Loc: Montréal, Québec, Canada
Hi everyone.

How much cash to you put in your BOB? I put $200 in mine in $20 bills (CAD). I may add $20 every 5 year to keep up with inflation. Because say you put $200 today and nothing happens for 30 years and then all of a sudden you need to evacuate. Your $200 have lost a lot of purchasing power.

How do you determine how much cash you store in your BOB?

Thank you
Frankie

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#205336 - 07/31/10 03:13 PM Re: cash in your BOB [Re: Frankie]
rebwa Offline
Enthusiast

Registered: 01/25/09
Posts: 295
Along with the $20's make sure you have some smaller bills too. After a rather severe wind storm there were a few gas stations pumping from gen sets but cash was required and they didn't have a lot of small bills to make change. I carry several bundles of $36--one twenty, one ten, one five and one $1 bill, scattered around in both vehicles and various kits.

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#205337 - 07/31/10 03:18 PM Re: cash in your BOB [Re: Frankie]
ponder Offline
Enthusiast

Registered: 12/18/06
Posts: 367
Loc: American Redoubt
Pick a serious scenario that calls for a BOB.

Tell me how much money is to much.

When you are out of cell phone range, the wrecker driver will not tow you because he cannot confirm your card. $200 won't save your car.

When you have finally bugged out, with what is left of your $200, what can you buy?

Put a price column on your survival list.
_________________________
Cliff Harrison
PonderosaSports.com
Horseshoe Bend, ID
American Redoubt
N43.9668 W116.1888

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#205343 - 07/31/10 05:09 PM Re: cash in your BOB [Re: Frankie]
ironraven Offline
Cranky Geek
Carpal Tunnel

Registered: 09/08/05
Posts: 4642
Loc: Vermont
A while ago, I had some spare money. I've never really had cash in BOB, so I put it into liquid assets (no, not THOSE kinds, CASH). There is a roll of quarters in BoB and in the truck, along with a bundle of 5x20 and 20x1.
_________________________
-IronRaven

When a man dare not speak without malice for fear of giving insult, that is when truth starts to die. Truth is the truest freedom.

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#205348 - 07/31/10 05:41 PM Re: cash in your BOB [Re: ironraven]
haertig Offline
Pooh-Bah

Registered: 03/13/05
Posts: 2322
Loc: Colorado
I've never understood the need for a whole lot of cash in a BOB. Some, sure, but not a whole lot more than I carry daily. If a situation gets so bad that your credit cards don't work and banking has collapsed, you will be needing something more concrete than paper money to barter with. I'm not sure the people who hoard gold and silver will do much better than paper money. What in the heck can one do with a chunk of gold in an emergency? It's really pretty useless when you think about it. Food, water, shelter, gasoline, firearms, ammunition - I'd think these types of tangible things would get you much further in a bartering economy following a banking collapse.

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#205349 - 07/31/10 05:48 PM Re: cash in your BOB [Re: haertig]
ponder Offline
Enthusiast

Registered: 12/18/06
Posts: 367
Loc: American Redoubt
"...If a situation gets so bad that your credit cards don't work..."

When could the almighty credit card not work!?!?

1. When the store won't take it.
2. When the 800 phone service goes down.
3. When the power is out.
4. When you are buying from someone other than a business.
5. When you are out of cell service.
6. When your bank says so.
7. After a magnet ruins your card.
8. And on and on and on.
_________________________
Cliff Harrison
PonderosaSports.com
Horseshoe Bend, ID
American Redoubt
N43.9668 W116.1888

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#205354 - 07/31/10 06:39 PM Re: cash in your BOB [Re: ponder]
LesSnyder Offline
Pooh-Bah

Registered: 07/11/10
Posts: 1680
Loc: New Port Richey, Fla
I have a system that works pretty well for me. At the beginning of hurricane season each year I put $500(small bills)in the gun safe. At the end of the season the money becomes property of the gun safe for new acquisitions. Long ago and far away I encountered young men that spoke unique languages and wore clothing that blended in with the background. They wore heavy ID bracelets with gold links that could be separated. Possibly it is time for Credit Suisse to issue a civilian "blood chit" .... regards Les

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#205355 - 07/31/10 06:44 PM Re: cash in your BOB [Re: Frankie]
ulfhedinn Offline
Newbie

Registered: 12/29/04
Posts: 44
Loc: Europe
Cash may not work in case of TEOTWAWKI. In all other cases it is nice to have. But, definitely, smaller is better! The best advice is to distribute the money over several pockets, wallets, shoes whatever. You are on a sudden budget. Use the money wise! I have been robbed. I have lost stuff. I have forgotten money , credit cards, wallet. What works for me is a moneybelt. You know these belts you can put in your jeans, but with a zipper on the inside. But then I have some other places to keep chance or bills.

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#205357 - 07/31/10 07:09 PM Re: cash in your BOB [Re: haertig]
Cauldronborn Offline
Journeyman

Registered: 07/10/09
Posts: 82
Loc: UK
haertig, I don't know were your coming from with that statment, it seems to me that situations that would require you to bug out AND have cash are far more likely than the situations your taking about.

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#205363 - 07/31/10 09:06 PM Re: cash in your BOB [Re: Cauldronborn]
Todd W Offline
Product Tester
Pooh-Bah

Registered: 11/14/04
Posts: 1928
Loc: Mountains of CA
Originally Posted By: Cauldronborn
haertig, I don't know were your coming from with that statment, it seems to me that situations that would require you to bug out AND have cash are far more likely than the situations your taking about.


I agree with this.

Having a decent amount on you at all times, (100), and then a hundred - 500 in a BOB seems like a decent idea.

_________________________
Self Sufficient Home - Our journey to self sufficiency.

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