Not to be confused with an emergency fund........Do you have one? I am starting one. A Christian financial planner that I listen to regularly suggests having some cash on hand in case of a disaster happens in your area and the area loses power. We here in North Carolina are no strangers to tornadoes and/or hurricanes. Throw in some ice storms and we can and usually lose power. In 1996 we lost power for 8 days when Hurricane Fran came through. Most folks didn't think it would still be hurricane strength 2 hours inland but it was. None of the businesses had power, no banks or grocery stores. Cash was king.
So now I am starting an emergency cash stash in addition to my emergency fund. Some suggest 1 month of expenses. I personally think that is a bit much but hey if it makes you feel better, go for it!