Hiding Money Under The Mattress

Twenty places to hide money at home besides under your mattress 1.

Hiding money under the mattress.

Toilet paper is not the only paper product that americans are stockpiling. In an envelope at the bottom of your child s toybox 4. Real adults who make smart choices keep their money in the bank. The average amount of money kept at home is 110 with some 77 per cent still proactively stashing notes or coins in their abode.

You wouldn t believe how many bandaids we go through if i don t hide them. Money in the bank earns interest also commonly referred to as compound interest. Grandma stuffing money under the mattress isn t the only one living outside the banking system. In a watertight plastic bottle or jar in the tank on the back of your toilet 3.

The banking system is solid and trustworthy. Paper money is also in great demand. In an envelope taped to the bottom of a kitchen shelf 2. Don t store money or valuables there.

Hiding cash in your mattress isn t a good idea as it could get lost or stolen. Money under the mattress just sits there. It s safer to keep your money in your bank account. The practice is really really dumb.

A new survey of more. Another 9 percent keep their cash. 2 in a drawer. Of this 41 per cent keep their loose change in a jar and 10 per.

As many as 28 million people in the united states are forgoing traditional financial institutions. For one i usually had hundreds of dollars hidden in my room just begging to be stolen. A little less than 20 percent of americans hide cash in a sock drawer while 11 percent put it under the mattress and 10 percent secure it in a cookie jar. I believe that hiding money under the mattress is prevalent in pop culture due to great depression era bank runs creating a need for cash storage in the home.

Or at least they should. Second all that money in my room wasn t doing anything for me. In a plastic baggie in the freezer 5. Probably the first place that a thief is going to look is in a drawer maybe only after under the mattress.