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Thought it should be the last of things you consider, the bugout needs to be a consideration. When you talk about the bugout it really needs to be a moments notice, no other option for you to jump into that sort of programming.
Still, we are watching something happen on the west coast that would warrant the use of a bugout bag, if for no other reason other than quick evacuation. Of course I am talking about the wildfires. The wildfires sweep in and it can be the end of all that you have in a matter of minutes. You need to have those things that are most important to you ready to go.
This is a great article about a 25lb bugout bag and how to build one just like it. If you are going to depend on a bag a 25lb one is great weight to have to carry around. Much better than 50lbs!
How I built my ultimate 25 pound bug out bag