Why bother Carrying Paper Currency?On most prepping websites you will often see people going on and on about the importance of stockpiling precious metals like gold and silver; while these metals might hold some long-term value in a post-collapse world, they provide little if any value during the lead up to the collapse. Think about it; are you really going to buy last minute supplies with a big hunk of gold or silver?
But Cash holds no real value during a collapse….
I’ve heard the argument a thousand times, and while paper currency will definitely lose its value if the entire system collapses, in the lead up to the collapse it will still play an important role in your survival plans. Just look at what happened during the recent economic crisis in Greece.
When the Greek economy started to implode, the public started panicking. These days most people don’t carry cash, so once the run on the banks started the government quickly shut down the banks and ordered strict limits on what a person could withdrawal from the ATM. In a matter of hours, the ATMs were wiped out; panicked people flooded the streets trying desperately to find an ATM that still had cash.
Thousands upon thousands of people stood in line for hours to withdrawal a measly $60 — the limit placed on withdrawals.
Why carrying cash is so important.
During any type of crisis situation, whether it be a natural disaster that knocks out the power grid or an economic collapse that causes the government to shut down the banks, those who rely on electronic payments are going to quickly find themselves in serious trouble.
So why is paper currency essential to surviving a crisis?
To buy your way out of bad situations!
When Special Forces and government contractors deploy into dangerous areas, they often carry local currency with them as part of their emergency gear. The ability to bribe local officials or border crossing guards makes it an important survival tool for them to carry.
Buying last minute supplies.
Even during short-term natural disasters, electronic payments can be affected by things like power outages. The ability to be able to pay for last-minute supplies is something you shouldn’t overlook.
While I hope most of the people reading this already have a good stockpile of emergency supplies in place, having cash on hand can help you buy anything that you may have overlooked.
To aid your BUGOUT evacuation.
There may come a time when you have to evacuate or quickly get the hell out of Dodge. During these bug out situations, having extra cash can help you pay for gas, hotel rooms, and campground space while you’re on your way out of town.
How to Hide and Carry Cash During a Disaster.
During an extreme situation, where criminals are roaming the streets looking for easy targets, the ability to conceal your currency might become extremely important. Here are some really cool ideas for hiding cash while you’re traveling out in public.
Cash in a ChapStick Container
Remove the Chap Stick from its container, and you can easily fit a couple rolled up bill inside.
Under the Insole of your Shoe
Just make sure to wrap the money in some plastic wrap to protect it from moisture inside your shoe.
Inside a Belt Wallet
Pacsafe makes a really smart Travel belt that doubles as a hidden wallet. When traveling, carry a decoy wallet with a small amount of cash and then store the majority of your money safely hidden inside this belt. Should you be robbed, you can afford to lose the decoy wallet because most of your cash will be hidden safely inside the belt.
Behind the Tag in your Clothes
While this will take a bit of work, and is really only for extreme emergencies since it’s kind of a one time deal, sewing money beneath the tags in your clothing can be another sneaky way to hide cash.
Carry it in your Cellphone Case:
Otterbox makes a cellphone case that doubles as a hidden wallet. Their Commuter Wallet case has a hidden slide out compartment for carrying credit cards and cash.
Inside your Hat
When I’m fishing in the backcountry, I usually keep my fishing license tucked inside my Tilley Hat. The hat has a hidden pocket for storing valuables and makes a great EDC hat.
Cash inside a Pen
Distribute your Money!
At the very least you should distribute your cash. Whenever possible, carry your money in multiple spots. If you are robbed, or someone tries to pick your pockets, you’ll hopefully have retained some of your emergency funds.