Board 8 > Do you have MONEY laying around your HOUSE????

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mrduckbear
06/06/20 2:17:46 PM
#1:


Do you have money you hid in your house for safekeeping?





this is where having money in a bank vs having it hidden in your home comes into play..

The pros of having it in the home is that if you are in huge debt, they won't take it right out of your bank account to pay for it

The pros of having it in a bank is that it's in safekeeping and insured if the bank ever gets robbed..

The cons are obvious..again if it's in a bank and you are in debt, creditors can take money right from your bank account to pay it down...and the cons of having it home is if it ever gets stolen by someone, even if it was a family member, friend or just a plain thief, it'll be very hard and likely never be recovered if that happens and you're out of luck.

So do you have loose money just hidden in your house?

https://i.imgur.com/fAVICIb.jpg
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