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3 reasons why hiding cash at home is a terrible mistake

The cash you stash under your mattress would be better off in a bank. See three reasons you shouldn’t hide cash at home.

Do you still need to stash cash at home?

The main reason you are keeping some cash at home is for you to have easy access to your money anytime you need it. That’s fine, but if you can’t think of any immediate reason to have cash at home, it is safer to leave it in your bank and withdraw it whenever you need it.

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For instance, if you won’t need the cash in the next two or three weeks, there is no point having it in your wardrobe or under your mattress. Let your bank take care of it and get an ATM card if you don’t have one. That’s the best way to keep your money.

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