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#886649 - 02/12/15 08:40 AM Re: Where to Keep Emergency Funds [Re: Sandra Investing/HFinance]
Sandra Investing/HFinance Offline
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Koala

Registered: 07/13/12
Posts: 2025
Thank you, Trish. I like the book idea. May have to try it. It would certainly hide well amongst all my books.
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#886650 - 02/12/15 08:44 AM Re: Where to Keep Emergency Funds [Re: Sandra Investing/HFinance]
Sandra Investing/HFinance Offline
BellaOnline Editor
Koala

Registered: 07/13/12
Posts: 2025
Gordon,

When I wrote about emergency funds, I was thinking along the lines of an unexpected repair or doctor's bill or a job loss. It is true that in the United States we have a stable currency. We, also, only use one type of currency.

I look at the issue of currency wars in a different context as emergency funds. In regards to currency problems, I would definitely agree with your belief in keeping several sources of currency at home. Perhaps gold coins too. As Russia and Switzerland have proven, currency can devalue and fluctuate within a very short period of time. You want to have assets on hand in those cases.
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