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4 reasons why you should stock up on $100 bills before winter

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    But what if something goes wrong? It happens all the time. Banks close, digital payment platforms fail or you lose your debit card. While an increase in spending during the winter months is predictable, the unexpected events are of course unpredictable.

    So one thing is clear: many things can happen that will prevent you from using your hard-earned money. So is it a good idea to stock up on $100 bills now? Waiting could mean your money is tied up and you miss out on your planned purchase.

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    The $100 bill is the most common currency in circulation in the United States, but also the most hated. Most people generally pick up $100 bills when they want to store cash and not spend it. It's like having a guaranteed savings account in your hands. (Or under your mattress.)

    Sure, it can feel unsafe to have cash on hand when you could keep it in a savings account, but your savings aren't always readily available to you. Cash.

    Why not twenty-somethings? $20 bills take up a lot more space than hundreds. And if you save a few thousand dollars for the winter, twenty-somethings will need a lot more space. It becomes a massive, unmanageable problem to wade through the 20s when you can only grab a fresh $100.

    And if you withdraw hundreds 'just to be safe' and don't end up spending them, it's easier to put them back in the bank.

    You may occasionally roll your eyes when you pull out a C-note. You may also have to wait a little longer for your cashier to swipe a fake pen over the bill. But you can rest assured that you have all the money you need to get through an unpredictable winter.

    As Tim Peters, Chief Marketing Officer at Enghouse Systems, who works with dozens of financial institutions, notes: “Based on historical norms, we know that people are money hoarders with the advent of uncertainty, securing credit opportunities. An example is 2008, when money circulation increased by 20%.”

    Winter is perhaps the most unpredictable time of the year, and becomes more chaotic every year, partly because the climate is changing enormously. Here are just a few reasons to stock up on $100 bills before winter arrives.

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    Where we once knew with some certainty what weather we would see in specific regions, those days are gone. Now snowstorms are hitting areas that are not always prepared, leaving millions of people in the freezing cold.