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Old 10-08-2008, 07:25 PM   #5
Emman
Avalon Senior Member
 
Join Date: Sep 2008
Posts: 37
Default Re: Should we obtain cash from our line of credit?

Thanks, ctophil.

At this point I have pretty much gotten whatever tangible supplies we will need. I've been stockpiling supplies, food, and water for the past few months. The other day we spent several hundred dollars at Costco, Lowes, and other stores to stock up on basic stuff. Stuff like toliet paper, medicines, soap, gasoline (have 24 gallons in the garage in gas cans), flashlights, basic tools, first aid, water purifier filter, etc. We have about 4-6 months of freeze dried food at 3 meals a day for my family of 4. I'm thinking that I should buy more freeze dried food if I can. We just emptied our hot tub and put fresh water into without treating it. It's basically about 400 gallons of potable water. We're not going to use the hot tub for a while if at all depending upon what happens.

So, we're basically as ready as we can be. We can hold out for a minimum of 4 months and probably up to 6 months.

Right now, I think that cash is something I should have on hand when all the banks shutter up. I just wonder if I should just get it from my credit line while I can......
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