All the ATMs are Out of Service…

You waited too long to secede with your feet as I suggested.  Your job, or your wife’s friends, or the kid’s school were too comfortable to bother with picking up and moving. Now, the SHTF, and you’re literally a minority stuck behind enemy lines as America falls apart. Now what?

The bottom just dropped out. All your warning triggers are telling you it’s time to pack everyone into the family bug out mobile and leave town before it gets worse. Much worse.

You thought ahead which is fortunate for you and your family. You have a vehicle adequately equipped for the journey to your bug out location with essential gear, plenty of fuel with extra in reserve and everyone in the family has their bug out bags stowed safely away. Nervously, you pull out of your driveway in the middle of night to avoid most of the trouble already brewing.

This may possibly be the last time you see your home and just like every trip before, you have the nagging sensation you forgot something.

Many disasters we patriots think and plan for could require you to leave the safety of your home, possibly forever. In a situation like this, your well stocked bug out bags and any other gear and supplies you load and carry could be the sum of all your worldly possessions. Some disaster scenarios assume the worst, a complete destruction through various means that leaves the civilization as we know it destroyed beyond repair for years. In a complete disaster like that, we make assumptions that normal commerce as we know it would effectively be over so the subject of bartering after SHTF comes to mind.

In other scenarios, which some might argue are many times more likely, the world won’t just stop spinning overnight. Every store won’t be closed and you will be able to buy supplies with whatever monetary instruments you have on hand that are still worth a commonly understood value. For most of the world, certainly here in the US we look to cash as the main fallback, but some people are saving precious metals as well to hedge against a currency collapse where that cash you are stowing away is worthless.

Assuming money in the common forms we are talking about here (cash, precious metals) is able to be used to our benefit during a bug out scenario, have you ever thought about how much you need to put into your bug out bag?

Why have any money in your bug out bag in the first place? Well, there are many good reasons I can think of. Imagine a scenario where the power is out, possibly for weeks. You wouldn’t be able to use ATM machines because they rely on power. Stores couldn’t run credit/debit card transactions without power because they all go through the internet now which relies on power. If the electricity is out, the way we commonly get access to our money or conduct electronic transactions is gone until the power comes back.

You could just drive to the bank and pull out as much as you need, right?

Not necessarily. You only need look to the people of Greece who still can’t get more than roughly $50 out of the bank each day. Would you want to have your cash reserves limited by what the banks could or would allow you to take out?

No, I wouldn’t either and that is the main reason why I advocate keeping as much money as logical for you personally out of the banking system.

The Whole Truth And Nothing But The Truth,

Jonathan Chambers

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