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Reply to "How much cash should you keep in your house for emergencies? "
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[quote=Anonymous][quote]I am not being sarcastic when I say: $0. Our NW is somewhere around $5M on any given day but I have absolutely no need for cash. I couldn't even tell you where my ATM card is. [/quote] Why do you hate cash? Also, you are very trusting of our banking and financial (and telecom and electrical) system. Even if you don't normally use it on a daily basis, there is value to having cash on you (in case you get mugged or something, it would likely be easier and faster to give the mugger some cash than your life), and also to having some stashed at home just in case. Best case, you never use it. Worst case, you have some when/if it is needed.[/quote]
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