How to inflation proof your emergency fund?

[Brooke]

commie + libertarian ---> gamma rays

[Ripsnort]

I hate to sound like a nut, but in addition to your traditional emergency fund, I'd think about keeping 1-5k in actual cash somewhere safe you can get to without a bank's or government's permission. 

It was awe inspiring to watch how easily the government could regulate how much of peoples own cash they were "allowed" to get to thru ATM's and Banks in the recent Greek trouble.

Wab

Excessive cash not 'earning' anything IMO. Bullets and cigarettes are worth more than gold and certainly worth more than currency in a true crunch. You should know that.

So did you agree with the Greek Government shutting down what citizens could withdraw "for the greater good" of the country/economy?

If you did, you're truly a socialist pointing in the direction of a communist. Just saying!
Than again, you live in a socialist state so it wouldn't surprise me one bit if you agreed with the Greek Gov't.

[CptTrips]

If you did, you're truly a socialist pointing in the direction of a communist. Just saying!
Than again, you live in a socialist state so it wouldn't surprise me one bit if you agreed with the Greek Gov't.

Texas is a Socialist state now?

No, I didn't agree with it.  I meant "awe inspiring" not in a good way.  As in, it certainly made an impression on me and reminded me to have some ready cash on hand at all times in case ATM's stop working.

I got plenty of bullets, but cigarettes are a good idea.  I'm not into gold.

Wab

[Ripsnort]

Sorry Wabbit, I was thinking you lived in a certain large West Coast state, I mixed you up with another. Old age settling in!

[guncrasher]

Excessive cash not 'earning' anything IMO. Bullets and cigarettes are worth more than gold and certainly worth more than currency in a true crunch. You should know that.

So did you agree with the Greek Government shutting down what citizens could withdraw "for the greater good" of the country/economy?

If you did, you're truly a socialist pointing in the direction of a communist. Just saying!
Than again, you live in a socialist state so it wouldn't surprise me one bit if you agreed with the Greek Gov't.

I do.  just based on common sense.  name one bank that has enough cash on hand to pay back to it's customers in an emergency.

my credit union limit us to 500 bucks a day in cash.  but that's because they normally only have 10-20k on hand at any one time.  checks are available for as much as you have funds.

semp

[zack1234]

Pips is trying again to undermine a thought provoking thread

Inflation caused by beans annoys the wife, it's law

It's amazing how grown men cannot change a plug.

It's also amazing how grown men cannot come to terms with the basic concept of saving up for things instead of getting in debt.

Mortgages is the only debt you should have (Sub Prime)

[pembquist]

commie + libertarian ---> gamma rays

No offense intended but (commie + libertarian)claw hammers=the end of a certain kind of rhetorical tedium

[pembquist]

Interesting thread. Just wondering its not a true savings thing but was wondering if anyone does what I do. Back story. I'm 33 no kids,wife ect. I had a 180k mortgage at 18 (jumped the gun in high-school ). I have about 30k cash but no investment anywhere. House is down to 85k ish.  I pay all my bills with my credit card then pay it off every month.  Then by the end of year I can get back up to 3500 which I pit towards the house along with my income tax . Plus I get points along with it which I get some pretty cool stuff. I'm not worries about leaving a big inheritance since there's 4 life insurances alrdy on me (2 from work,1 from house ,another kinda like aflak that has a death benefit )  and no other debt at all . would you keep pushing to get mortgage paid off or start an investment.  I plan on having the house paid off by 40 if not sooner. Well unless the housing market goes crazy and I sell the house. During the prime my style of house in neighborhood was going 310-330

You haven't mentioned anything about an IRA. Do you have one? If you don't I would say stop paying early on your mortgage and start one with that money.