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

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I never used to keep more than $20 in cash at home, but now I'm keeping at least $600 on hand because of the pandemic

But once the pandemic arrived in March, my mindset toward my money was shaken up. As the world was put on pause and my income was cut significantly, I found myself in full panic mode.

One of the things I wondered was whether I should start keeping more cash on hand. What if the pandemic continued for a long time and ATMs ran out of money? What if I relied too much on my credit cards and went into debt?, 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.

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, portion it out into envelopes labeled for different needs and spend only that money. 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.

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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yeah...I'm sure we'll all just jump on that.

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