Cash Under The Mattress

Worried your money won t be safe in the bank.

Cash under the mattress.

Grandma stuffing money under the mattress isn t the only one living outside the banking system. Your bed is great for many things but storing your savings certainly isn t one of them. The truth is your money is safer in the bank than under your mattress. How to find a safe home for your cash.

You could lose the dollars you re hiding or someone could steal them. While storing non perishable food can give you some security there are risks associated with keeping up a lot of cash in your home. Feds find 20 million hidden under a mattress in massachusetts. In case of a.

Keeping cash under a mattress or bed is an easy picking for thieves and martin said the woman would be best suited putting her money into a savings account. Keeping cash under the mattress also has you covered in case of an emergency. People can run up big fees to cash checks pay bills and meet their other financial needs. In a recent article trent hamm talked about hiding money under a metaphorical mattress and it seemed this raised not only a few eyebrows but also the fact people do hide their cash under the mattress.

Keeping large amounts of money in your house rather than in a bank or building society is a bad idea because. The two way the box spring full of cash was discovered during an investigation linked to a massive pyramid scheme. Don t keep cash under the mattress.