3 reasons I'm keeping cash at home thanks to the pandemic - Business Insider

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'When the pandemic swept New York City, I hit full panic mode and wondered if I should start keeping more cash at home for emergencies. So I talked to a financial planner to see if this was a good idea'

, I decided to do something I've never done before: stock up on cash and store it in my apartment. Here are three reasons why.At the start of the pandemic, I found myself getting a little too cozy with online shopping as a nightly ritual. Even with stores closed, e-commerce websites never slept, and I spent more than I usually would buying things out of boredom.

This advice was what made me turn to cash in the first place. I decided to pay for my daily expenses in cash, making it a goal to withdraw cash at the start of the month,My at-home emergency fund means I can cover my daily expenses no matter what When the world paused in March, as the pandemic got worse and sheltering in place began, I realized that I didn't have more than $20 in cash at home. That made me wonder if stocking up on cash was a good idea in case another wave of COVID forces us back into lockdown and access to cash is limited."Having an at-home emergency fund that is denominated in $20 bills and equal to roughly two to three weeks of living expenses makes a lot of sense," said Exelby.

Exelby said that it could be good to prepare for something like that, so I decided to keep a separate cash fund in my apartment just for emergency storms or power outages with another $400 in it.

 

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Only in the US, Commonly Credit Card = Wallet, Not in Asia, Europe, Africa, Australia, not even in America the rest of the continent itself 🤔

that $600 will soon be worth 6 cents

Cash at home ? Where do you live ?

You should take the Turks as an example in this regard

thank you very much for your work

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