Letter Re: Pre-Paying Utility Companies in Anticipation of Worsening Banking Disruptions?
Dear Mr. and Mrs. Rawles, Thank you for your excellent blog. My husband and I are benefiting tremendously from the hard work you have put in to this valuable resource. My question: With banking integrity a growing uncertainty, would it be prudent to devote our rather limited capital to build up a credit balance with our utility providers (water, electric and natural gas) in anticipation of possible interruptions in bank transactions? We do have modest contingency back-up systems for all three supplies but as long as the grid holds up we will use the utilities. Sincerely, – Mrs. T. from …