Every payday put aside a little extra cash for emergencies. I figure the bank’s not paying much more interest than the mattress does, might as well have some cash at hand.
“Every payday put aside a little extra cash for emergencies. I figure the bank’s not paying much more interest than the mattress does, might as well have some cash at hand.”
If everything falls apart, cash won’t be worth the paper it’s printed on. In reality all modern economies are built in some manner with play money. It only has value because we believe as a group that it does. When that goes out the window the entire system can collapse. I’m not saying this is inevitable, but it is a scary possibility.
Save it in nickels (and copper pennies if you feel like sorting out the 1982 and later zincs). Nickels are hard to steal, and will hold value regardless of inflation/deflation (never worth less than $100/box, rises with inflation).