Just_Steve
Thinks s/he gets paid by the post
I would start using it slowly. I don't why people hold on to cash like this. It's not a good practice.
Why is it not good practice?
I would start using it slowly. I don't why people hold on to cash like this. It's not a good practice.
Hold lots of cash in a safe at home.Why is it not good practice?
Hold lots of cash in a safe at home.
Invite robberies. I know it's around here, if you drive a nice car sometimes they follow you home to rob.Whats wrong with that?
Invite robberies. I know it's around here, if you drive a nice car sometimes they follow you home to rob.
I don't believe you wrote that. Really who would you tell people you have a lot of cash so they can rob you.I guess if you tell people whats in your home you could be a target.
I believe in being prepared for different life scenarios.
I don't believe you wrote that. Really who would you tell people you have a lot of cash so they can rob you.
My sister's house is like a homeless place, yet she was robbed. They brought in a metal detector and turned her place upside down and they found the jewelry my mom left her. You don't know who is going to rob you. They don't tell you in advance either. And she told nobody about the jewelry.
In many 3rd-world countries, people hoard US dollars as well as gold, because they do not trust their local currencies. So, some of the money they hold can be very old.I've wondered if the BEP or Fed records the serial numbers of the old currency they shred. That would give them an idea of how many are lost or otherwise buried somewhere. I've read that 5% of paper saving bonds never get redeemed. Might be a similar % for currency.
Whats wrong with that?
They would be lucky to come out alive, they kill people some time. I really don't know how they know you have safe, but some how you hear all this in the news.I know of a case, where the old couple kept all their savings in a safe in their home as they didn't trust the banks. Crooks found out, and beat them until they opened the safe.
Who said torture does not work ??
At a bank it would be easy as pie, scan the bills while the camera that is always seeing the customer, sends the photo to the cloud for facial recognition ( fast like FaceB.. uses) and its back with a name and SSN before the money scan is done. Then store the SN's and the customer info together in case needed later.
I know of a case, where the old couple kept all their savings in a safe in their home as they didn't trust the banks. Crooks found out, and beat them until they opened the safe.
Who said torture does not work ??
Storing canned food makes more sense.