[Paddlewise] Where to keep an Emergency bag?

One of recomendations was to throw it between my legs, and it will pop out
near the boat if anything happens. OK, what if will not pop out, or not near
the boat? Other things need rescue at such moments - the boat itself, for
example. Make more sense to me to try saving the boat first, rather than
catching emergency bag somewhere in the water.  I think - what is not on me,
is not with me in such situations. So far I've come to the solution - water
flask at the belt (there is a belt on my PFD), VHF in the PFD pocket, headlamp
(tiny waterproof LED Aurora) in the shorts pocket, and yellow trash bag
(shelter + signaling flag) again in the shorts pocket.  Damn flask tends to
hang down over the board, otherwise this system works.  Food stuff (dry
fruits, walnuts etc) is in the deck bag, lighter and matches are deep down in
drybags, same as the First Aid kit, and will be lost together with the boat if
the case would be.  Perhaps I could add a small mirror into the pocket, and
this is it.
Would be interested to hear other tested and working solutions - may be small
drybag tied to PFD? I also think there must be a different approach to a
day-paddling and overnight trip (in the latter case there are always matches,
First Aid kit, tarp etc - somewhere in cargo area).
Alex.
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