Bug Out Financial Issues
In a non TEOTWAWKI situation the Financial Bug-Out Bag may very well be a life-saver.
Basically it is an accordion file with your critical financial documents and possibly even some cash.
If you found yourself having to quickly take shelter from a natural disaster (flood, wildfire, windstorm),
this bag could potentially help you get back on your feet more quickly.
Most of these items should already be in your safe deposit box or in a secured, fire resistant safe at your home,
so copies would be your best bet for your Financial Bug-Out Bag.
What to put in your Financial Bug-Out Bag?
Here are a few suggestions:
Credit card statements and copies of your cards (front and back)
Birth certificates for you and your loved ones
Social Security cards
Any important medical records or information on prescriptions
Eyeglasses or contact lens prescriptions
Any titles, deeds, or registrations for real estate
Titles, or registrations for any vehicles you own
Mortgage and other loan information
Insurance policies or at least the policy numbers
A list of high value items (jewelry, artwork, collections, etc)
Income tax returns
Bank account records
Employer benefit statements
(original idea by Ron Haynes)
Here are a few other ideas in preparation for an actual Bug Out situation
General remark: Keep large amounts of financial items, especially jewelry, out of sight.
You do not want to attract to much
Do not keep everything in the same place.
Allways carry at least € 50,00 in small denominations and € 10,00 worth of coins in your EDC.
People will only 'value' cash money which they recognize.
Euro's, Dollars and local currency
There is an increasing amount of countries in the world where the Euro is preferred
to the local currency. In many countries the dollar is still favorite.
Make sure you are familiar with safety issues regarding Credit Cards.
Use of credit cards can be traced.
Silver and Gold Coins
Silver coins make good barter items.
Most jewelers will convert silver coins to a local currency.
Make sure to be familiar with the current world 'spot' prices.
I prefer silver coins over gold coins.
Silver and Gold Barter items
Jewelry allways make good barter items.
Consider a gold chain with medium sized chackles which can be taken of with ease.
Wear it on you but keep the chain out of sight.
Access to Bank Account(s)
If you have a bank account set up for emergency
situations, make sure that all responsible adults have access to it and know
how to get to it.
Also make sure that anyone who does have access is a
responsible adult.Other Country
You don't want to be out on the street after a disaster
only to find your emergency account empty because "someone" needed
shopping money (or worse) last month.
Automated Cash Tellers
You can withdraw cash from an ATM only if you carry the proper 'plastic'.
If you have access to the Internet consider Pay Pal as an option.
Opening an account is easy.
If you plan to Bug Out to another country make sure to set up a bank account in that country.
Make sure you have 2 bank accounts preferably with international banks.
7 Reasons for
keeping money in your BOB: http://survivalcache.com/survival-money/