Lessons learned from the Puerto Rico Disaster: Cash and knowing when to Bug Out

Dear FERFAL: Have you keeping up with the Puerto Rico disaster?.

Lesson learned:

1) Bug out

2) Have a lot of liquid assets available (Cash)

3) Generator, runs out of fuel, then you have hundreds of thousands of individuals with the same problem!

4) You can’t have enough food or water.

5) You may think that you’re prepared, but nearly a meter (39 inches, for my fellow Americans)of rain change all that. Look at number one.

6) In one evening your back in the early 1900.

7) Save your money for bugging out.

8) Just bug out!.

I’ll keep you posted.

-Maria

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Hello Maria, thanks for those points.

Not surprised to see you mention and insist on the importance of cash and bugging out to safety.

These are essentially the two biggest points during these worst case scenarios. Supplies are important, food, WATER, generator, fuel, but when that water keeps raising and destroys everything in its path you just understand your life may be the next thing you lose.

So when it comes down to it, it’s a)Bug out! And save your life and the life of your loved ones.  b) Have the cash to get back on your feet. That money is all too important for rebuilding, getting things fixed and pay for those million things you just couldn’t prepare for.

For getting ready to bug out and evacuate when these disasters hit, when you have hours, minutes or just seconds to escape, check out my book “Bugging Out and Relocating: When Staying Put is not an Option”. Floods, fires and a variety of disasters affect people that believe they have prepared, but in fact they only prepared for what they HOPED they would be facing one day rather than true disasters.

Since we’re talking cash. How important was cash in Puerto Rico? Well, it was so important that extra cash had to be rushed to meet the surge in demand. “Demand for cash is extraordinarily high right now, and will evolve as depository institutions regain power, armored car services are able to reach branches, and ATMs are once again active,” said the spokeswoman of the New York branch of the U.S. central bank.

Cash demand soars in Puerto Rico after hurricane hit ATMs, card systems

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”