Thursday, April 22, 2010

Financial Preparation

Pin It In a natural disaster, many of the things we are used to having may not be so readily available. Take electricity for example. We are so used to buying things using credit cards. When the power goes out, how can the stores scan the cards? If you prepared well and there is no need for purchasing items, then this may not be too big of a concern. But chances are, we will all need to acquire additional resources. It is, therefore, a good idea to include cash in your emergency preparedness kit. Be sure to include change.

So, what happens if you don't have cash, but you still need to buy things? That is when you go back to the good old bartering. Bartering is giving something you own in exchange for the item you need. The items to be traded don't always have to be tangible objects. If someone needs a ride and you have access to a car you can certainly trade your service for something they own. Along with having cash, it is also good to keep things that could help you in situations where you might have to barter.

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