8 Cool Places to Stash Your Cash

by Ron Haynes


It’s a good idea to always have access to cold hard cash just in case you can’t access an ATM or there is a widespread power outage and credit/debit cards aren’t accepted by merchants. How much is up to you, but $300 to $500 is probably enough to keep “just in case.”

Where should you keep it so that it’s safe? Some people suggest a safe deposit box at your bank, but what if the bank is closed? Safety and security for your stash is important and you don’t want to get burglarized and lose it in addition to your Blueray player and TV! Since the average burglar only spends 8 minutes in your home and will look first under the mattress then in your breadbox, here are some other ideas for places to stash your cash:

1. In a safe in your home. If you can afford it, pick one that’s fire resistant. Just remember that if it isn’t securely fastened or is blatantly obvious, it might grow legs if you are burglarized. Non fire resistant safes are a good bit cheaper.

2. Pull a James Bond. Stash your cash and valuables in a wall safe behind a picture. Yeah, I know. This sounds James Bondish, but it is a real option if you’re a little handy and can install it yourself.

Stash Your Cash3. Hide it “in plain sight.” These can be anything from fake shaving cream cans to fake cans of potato chips. Of course, if your thief decides to shave or eat some chips, you’re sunk.

4. Hide it in really plain sight. There is even an option to stash your cash in a fake wall outlet safe.

5. Hide it in a can of cleaner. I’ll bet no thief would ever clean your home so hide your cash in a fake can of cleaner!

6. Hide it in a can of dog food. If you don’t have a dog, this one wouldn’t work too well. A single can of dog food in the cupboard with no other dog accessories would be a dead ringer.

7. Hide it in a book. A good book safe is a great place to hide your cash or other valuables.

8. Hide it when you have some time. There are safes disguised as clocks, so if a thief checks to see that he’s been in your home for more than 8 minutes, he’s actually looking at your cash without knowing it!

There are all sorts of ways to hide your cash and valuables at your home and most of these listed are relatively cheap (many less than $20).

Do you keep some cash on hand — just in case?

About the author

Ron Haynes has written 1000 articles on The Wisdom Journal.


The founder and editor of The Wisdom Journal in 2007, Ron has worked in banking, distribution, retail, and upper management for companies ranging in size from small startups to multi-billion dollar corporations. He graduated Suma Cum Laude from a top MBA program and currently is a Human Resources and Management consultant, helping companies know how employees will behave in varying situations and what motivates them to action, assisting firms in identifying top talent, and coaching managers and employees on how to better communicate and make the workplace MUCH more enjoyable. If you'd like help in these areas, contact Ron using the contact form at the top of this page or at 870-761-7881.


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{ 5 comments }

Positively Present

Great ideas! I have some very important things in a safe and I hope it’s not obvious because, you’re right, it could easily grow legs. Love the Pringles can idea… hope no “bad guys” see this post or they’ll all be headed for the kitchen!

Jeff@MySuperChargedLife

Keeping some cash on hand is a good idea. Look at the people after Hurricane Katrina, many didn’t have enough money with them to buy necessities. Of course, you also want to be sure your money isn’t going to walk away. These are excellent ideas on how to protect your stash!

LP

Great! Thanks…I like the wall socket idea. Never thought of that. :-)

Sherry

Great ideas…but my dearly, departed mother had you beat! She kept her “household” cash in a box of frozen peas in the freezer for as long as I can remember & I’m almost 50 y.o.!!! And you know what, to this day, I keep my “household cash/food $” in the freezer!!! :lol:

Having gone thru Hurricane Isabel, I keep a sizable amount of cash on hand for times like such as power outages, etc. I STRONGLY recommend if you keep a cash stash that you keep it in small denominations & have some rolls of coins on hand. When we went thru Isabel, all the stores were down, so credit cards/electric cash registers could not be used. The generators were being used to run the minimum (freezers/gas pumps)…so if you bought the limit of $15 of gas & only had a $20 bill…no change….you paid the $20 bucks! Same with the $2 loaf of bread…no change for that $5 or $10 bill. So, please keep small denominations & change on hand.

I know the post suggested $300-$500, but if you have to evacuate & stay in a hotel that is only accepting cash, your $$ will be gone quickly. Many of the hotels in the evacuation areas took only cash because of either potentially being scammed or the banks in the area were done & they could not process credit card payments. These were hotels OUT of the area of the hurricane & in safe areas, but the larger cities that supported the banking industry were down, thus the hotel’s abilities to process billing was down.

Great post for this time of the year…..hurricane season!!

Toni

We always have cash on hand. It has become increasingly important recently with a new baby – we can have groceries delivered as well as food for dinner when we are both too tired to cook.

Our ingenious hiding place, I learned from my grandmother. We keep it in the freezer – cold cash!

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