Today’s reader question comes from Rochel, who – in light of Hurricane Sandy earlier this year and the tornado last week in Oklahoma – she’s wondering about keeping emergency cash on hand.
Should we keep emergency cash on hand? How much is enough but not too much? Is it really helpful or is it just doomsday paranoia?
Can you help Rochel out?
We don’t keep emergency cash on hand – but then I’m terrible about keeping cash in general. I almost always use my debit card.
I’d love to hear what you think about whether cash is necessary for emergency preparedness? And if so, what’s the right amount?
Do you have a question about budgeting, couponing, menu planning or anything else? Please send me an email – I love hearing from my readers!