How to keep you money during wartimes

Like it or not, wars will always happen and there will always be talk of wars. People living in or near war-prone areas will quickly find out they'll lose their money, businesses and investments during a war. If you won't be passively or actively participating in such a war, it will be really painful to lose what have have built and never thought you'd lose abruptly to a senseless war (well, maybe not senseless) that can be easily avoided. Okay, just so I make sure you're reading in the right frame of mind, this is not a post about how to prepare for a war or how to survive a war. It is about how to keep your money safe before a war starts and what form of money to hold in escape camps during wars. It's basically about money!... and about wars.

So let's get right to it! War is coming. How do you keep your money? Well there's always one general rule:

1. Do not not keep money in your bank:  NEVER, EVER KEEP YOUR MONEY IN YOUR BANK OR A BROKER'S ACCOUNT! That's probably the fastest way to lose them. There won't be internet service or power during wars so you won't be able to connect to your bank online. Oh, and you won't be able to physically go to the bank! It's obvious you're in a war. So this will make my first point. Don't keep your money in a local bank.

2. Convert part of your savings into physical gold: Gold. You're familiar with the fact that before paper notes were invented to be used as currencies, gold was what we used. Well, thankfully gold hasn't lose much value ever since, in fact it's so stable you can use it to store your wealth for long periods, and you will still retain the value (if not more,... or less). Take a fact: Gold is strong! How do I get gold? Buy it. Where? Markets!

   2.1 In general, invest in precious metals: gold silver, emerald, diamonds, etc. You may invest in jewels too, they have value for their weight. If you will be escaping by plane, you'll need to check how much you'll be bringing into the plane, there are regulations on how much that can be put on it. If you will be buying stuffs, it's a good idea to have some physical precious metal with you(not as an investment in an online market somewhere) so you can use it to pay for foods, shelter or transportation as a refugee in another country (definitely your refugee country won't take your currency, hopefully your refugee country will be gentle with you).

3. Do not withdraw your money as local currency: Do you know the problem with local currency during wars? It depreciates during wars, especially if you country is not USA or a country in the European Union (China?...hmm, I'll get back to you). Your country stops all essential economic activities and the currency value plummets. Cause and effects playing here.

4. Withdraw your money either as US dollars or Euros: Why? These currencies (US and EU countries) are backed by strong economies, even during wars. The United States is less likely to suffer major economic damages than a country in Africa, say Zimbabwe (that's too extreme? ok, say Nigeria) during wars. Withdraw you money in currencies of countries or economic communities with the strongest economies. Euro is backed by all countries in the European Union, together they form even stronger economy. You can even keep some cash in US dollars with you. USD is the most widely used currency in the world, and it's widely used in black markets of many countries (By the way, you'll frequent black markets as a refugee in foreign countries). So yeap, everybody knows the Benjamins! How do you change your money to foreign currencies? In currency exchange offices (Forex)

5. You can put you money in international banks with headquarters in another country: You'll be safe all the way. The bank will keep your money safe in another country for you. You may not be safe this way, but your money is safe!

6. Don't withdraw all your money in cash: Again, it's a war. You'll lose it, someone will steal it in your storage, steal it from you, burn it, you won't see much of it whatever. And luckily if the money survives the war (and you survive it too) you will have gathered money that have devaluated so much you can't buy anything with it. Bad idea here.

6. Invest some money in cypto currencies: This is another great way. Crypto currency stored as a paper wallet represented as a QR code steganographically hidden in a picture of a loved one taped to the bottom of your right shoe's sole, also emailed to yourself via encrypted doc attachment! Perfect, right? Yeah. But remember you won't be able to easily spend cypto currencies in refugee camps. Cypto currency requires infastructures, there's a low chance you can pay a smuggler with crypto currency to protect and smuggle you through a dangerous area. He might not even have a smartphone, there's likely no electricity too! But that's why I said "invest some" some crypto currency rates aren't stable so choose your crypto currency wisely.

There you have it! WAR is RAW, not soft or cooked for you, you'll have to make decisions, before, during and after it, to protect yourself, families and money. Many people have lost fortunes in great and small wars and it's only the wise ones that can retain the wealth, they will be part of the community that will run the new economy that emerges after wars.

Posted by Kompleksanda,this is my first blog post that I'll dedicated some time and energy too. If you find it's information useful,, ljke and help me share!

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