Saving for a Rainy Day

 

gold_silverOver the years, I’ve heard “buy gold and silver” for the troubled days ahead. And many people jumped on the wagon. “It will hold its value more than anything else.” You have to be kidding!!!

Ezekiel 7:19 says, “‘They will throw their silver into the streets, and their gold will be treated as a thing unclean. Their silver and gold will not be able to deliver them in the day of the Lord’s wrath. It will not satisfy their hunger or fill their stomachs, for it has caused them to stumble into sin.'”  

Bottom line? When things get bad, really bad, silver and gold will lose its value like never before and deemed virtually useless compared to its value in today’s market. So, why hoard gold and silver now?

coins_in_a_jarMuch more practical would be to start saving your coins, dollar bills, and other smaller denominations (and I don’t mean in the bank.) If there was an EMP attack, our whole infrastructure would shut down. (Scientists are now saying it’s not a matter of “if” but “when.”) That would mean life as we know it would come to a standstill. Think about it. If an EMP attack occurred, there’d be no electricity, trucks would stop running (we’ve already seen this happen), institutions and businesses would close their doors and ultimately, it’d send America and the world into a dark age. Grocery stores (if they’re open) would require cash because all electronic connections to banks would cease. (Food would be limited because most would spoil or be bought up by frantic customers.) You might think that banks would never close, but it happened in Haiti after the horrific hurricane that swept across the country. People couldn’t buy or sell because they didn’t have access to the banks to get money. If it weren’t for the humanitarian efforts by many countries, many would have starved to death. It was devastating. With an EMP world-wide attack, there would be no help whatsoever, anywhere.

Guess what? An EMP attack isn’t the only catastrophe that could cause this scenario. There are many others and no one is exempt. No one.

So think about this, are you ready to hand a $20 bill to a clerk for a loaf of bread? You might get some change back early on, but as time goes on, even change would become obsolete. It really could happen! Bartering (exchanging goods or services for other goods and services) would, no doubt, take over like a wild fire, but that’s for another article.

So what are you going to do?
1. Save some containers, such as Gatorade or creamer bottles (because they have larger openings for coins to drop through / with lids), lighter weight plastic bottles, or anything that can hold a significant amount of change. (I like to use containers that can fit in with other food on a pantry shelf. You know what’s inside but an intruder would not.)

2. Keep your container out in a convenient location until it is filled. Hidden away, you’ll forget to save your change and bills.

3. “How” you save the money is up to you, but think about either gathering up change and small denominations at the end of each day or each week. You will be surprised how quickly it adds up. Since the “new” quarters came out, I’ve been saving them like crazy because they’re unique and of all the coins, quarters will probably be the most used in times of trouble.

4. Don’t store your containers all in the same place at your residence (but keep track of where they are if you need to quickly evacuate.)

Money-Bills5. In addition to storing small denominations and coins, you might want to build up an emergency fund (if you can afford it) somewhere in the house (like a small fire-proof cash box or in some other safe place) with larger denominations that would equal anywhere from a week’s to three month’s pay, or longer. Of course, a lot depends on how much you have saved in food storage and other supplies already so the need may not be as great. On the other hand, we forget about all the less obvious things we take for granted and may need cash for some day: fuel and propane gas, specialized services, water, medical aid, and so on. Most people don’t have the funds to pull together for a significant emergency fund but you can begin with small amounts and regularly build on that. Start TODAY!

Does all of this sound impractical or impossible? There is a very good possibility that the stock market is going to collapse and the banks will close their doors during times of trouble, so don’t put your faith “solely” in them. Putting our trust in these institutions (without a back-up plan) is a false security. Maybe they’re good in the moment, but when destruction hits quickly and without warning, what will you have? Put your faith in God then do everything you can to work with Him.

Saving coins and bills is like an emergency fund that just might save your life some day. While saving, avoid the temptation to dip into it or take a vacation with what you’ve saved. If you do, you’ll have to start all over again or replace what you took out and it might be too late!

Additional Information on EMP attacks:
Much is written on this subject but here is one (Google for more)… http://www.centerforsecuritypolicy.org/2013/07/30/jim-woolsey-electromagnetic-pulse-emp-is-existential-threat-to-america/

www.mrsprep.com
All Rights Reserved

Subscribe

Subscribe to our e-mail newsletter to receive updates.

, , , , ,

No comments yet.

Leave a Reply