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How much emergency cash to keep on hand?
K Frame:
--- Quote from: Kingcreek on February 02, 2023, 05:49:07 PM ---Enough for a couple fillups at the gas pump and some groceries
IOW about $6000. That’s $1k in cash at home and $5k cash in the bank safe deposit box.
--- End quote ---
Better double that if you want a dozen eggs.
I generally keep between $500 and $1,000 on hand in my safe, but that has dropped considerably since COVID.
I need to bulk that back up.
Tuco:
More than I should. Cashed in about 7 years worth of rolled coin last April. It was enough to cover a week long road trip to Cooke City MT with a big loop through the heart of Wyoming for me and my 17 y.o. daughter.
Hawkmoon:
--- Quote from: Kingcreek on February 02, 2023, 05:49:07 PM ---Enough for a couple fillups at the gas pump and some groceries
IOW about $6000. That’s $1k in cash at home and $5k cash in the bank safe deposit box.
--- End quote ---
The bank safe deposit box is only viable if the bank is open for business ...
Lennyjoe:
One months take home pay.
Nick1911:
Couple grand. It's been handy to score "I can show up right now with cash" deals
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