That’s how much cash I have at home

Thats how much cash I have at home

It was just over five years ago as a 51-year-old Martin Svennbergwho on a daily basis works in the IT industry, opened his eyes to prepping.

– Usually, when you talk to a prepper, they might say that it was the storm Gudrun or that it was the war in Ukraine that sparked the interest. But this was born out of curiosity, you could say, he tells News24.

– It’s a bit funny, because it was really about me wanting to get my son out into nature and then I came up with a scenario where we had to flee to the forest, where we learned to make a fire and the like. Then I shared these experiences on a blog and then there were a lot of preppers who thought it was really interesting. We started talking and one thing led to another. It became a blogging platform.

In addition to work, Svennberg runs the platform “Vardagsprepping”, which has also become a podcast.

MSB: Be prepared to get by for a week: “Prepare in solidarity”

MSB: Have cash for a week’s expenses

For many, prepping, or so-called home preparedness, is perhaps above all associated with water cans, a stock of canned goods and a crank radio that is ready to be used in case of crisis or war.

But something that has received more and more attention is so-called financial prepping – a preparedness for situations when the digital payment systems are shut down. Lately, for example, the governor of the Riksbank has Erik Thedéen reiterated the importance of having cash, in smaller denominations, at home in case of crisis or war.

This is also a recommendation from The Authority for Community Protection and Preparedness (MSB). More specifically, the guideline is to have cash to cover household expenses for a week.

MSB: This is how much cash you should have at home

Photo: Henrik Montgomery/TT

Then you can get money in the event of a power cut: “There are opportunities”

That’s how much cash the prepper Martin Svennberg has at home

But Martin Svennberg, who lives in a household with two more people, believes that it can be good to take a little extra height when it comes to the cash.

– You probably shouldn’t just think that you’re going to buy things, because if you’re a little prepared then you have food to last you a week and then cash is not important from that aspect. But you might want to use cash for something else, for example to move from one place to another.

– Therefore, I think it can be healthy to have as much cash as is covered by home insurance, which is around SEK 5,000 to 6,000 for some insurance companies, if you feel safe with it. A week might be enough for some, but for us it would be enough for about a month.

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