I recently saw the movie, Mad Money and in the movie, the main characters accumulate large bags of money in their homes. They had so much cash they had to fill every drawer and cabinet in their house.
If you have a significantly amount of cash to put away, where would you hide them? There are people today that still don’t like keeping all their money in a bank. These people would store cash in their homes, in places that they think nobody can find. In fact, I heard a very interesting true story about a couple hiding their cash.
One couple safely put away $20,000 in hard cash behind a stove/gas unit in the kitchen. It was hidden in a sealed area completely out of sight and nobody would even think about looking there for cash. Many years later, the couple sold the house and moved out. Needless to say, the cash was so well contained and stored away for so long, the couple had forgotten about the cash. The new house owners somehow later discovered the secretly stored stash of cash. It was like winning a lottery for the new house owners.
A very popular place to store cash is under the mattress. In the old days, people always put important things under their bed. Over time, everyone knows about the under-the-mattress secret location, so people have become more creative and have thought of new places to hide cash. Here are several places I could think of that are great for hiding cash.
Living Room
Kitchen
Bathroom
Bedroom
Free free to share your thoughts and let us know what do you think is the best way to safely and secretly store cash at home.
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Do you think thieves would check the bottom of the tampon box in my bathroom cabinet?
For a lot of cash, I’d try to first get it changed to large denominations (fewer bills to hide). I’d put individual thousand-dollar bills inside books. I could put some in the trash bin, between the garbage bag and the can. I wouldn’t think thieves would check there, either.
I wish some former burglars would comment and let us know of good/bad places to stash cash!
I would never store money at home. In the bank, earning interest. In a brokerage account. Contribute to my IRAs. If it’s “dirty” money, then I would launder it. There are lots of how-tos on the Web on money laundering.
[...] Smarty of Growing Money discusses the best places to hide money at home and asks if you have other ideas. Of course, don’t lose the money like the people in one of her examples! [...]
I think I’d put it in a shoebox in my closet — I have several in there, and I doubt thieves would be checking out my Easy Spirits.
My mom bought a mixed lot of books on Ebay, to keep a few and resell the rest, and found a $20 in one of the books… that was more than she’d paid for the whole box. Don’t forget which books you hide the bills in if you go that route.
While I probably wouldn’t store money at home, if I did, it would be inside my piano. No one’s moving that sucker!
The CD/DVD case is a bad idea. When I was robbed once, the crook(s) took the CD collection. Don’t hide something you don’t want stolen in something else that would be stolen.
@devil
$100 is the largest denomination currently printed
devil,
$1000 bill exists, but $100 bill is the largest bill for regular people like us.
http://en.wikipedia.org/wiki/Large_denominations_of_United_States_currency
I wouldn’t think thieves would check the trash bin either, between the garbage bag and the can, but wouldn’t that risky? What if the cash were accidently disposed?
I once saw a great way to stash cash.
First, buy a book that’s cheap and you dont’ want it.
Then, cut a rectangle and take it out and then, you
can store cash bundles and even ipods. Also, just get a
strong metal box and hide that instead. Yes, people would
try to get it but, if you made a large large large box.
[...] article, The Best Places To Hide Cash At Home is presented in the Carnival of Personal [...]
i hide my money in a place id even forget about.ok 1-you could use a door that you display all your kids drawings on,take the most unattractive one off the door,than cut a deepish hole in the door, so that you cant see the hole from the other side,stash your money, than tape the picture back on. 2- You could also hide it in the toliet paper roll holder, take your paper off the holder,pull apart the plastic tube, take out the spring,put your money in the spring, and than put the toilet parer roll back on!dont put a lot of bills in the spring(dont put 100, 1 dollar bills in there,put 1, 100 dollar bill, instead)
Hmmm, I think thiefs are reading all of these comments and will look in all these creative places. Basically keeping cash at home is a high risk endeavor, if your home is broken into, there is a good chance they will find it. They will go right to that shoe box in the closet, or under the kitchen sink etc. The safest place is in an unmovable safe, unless of course its an armed robbery and you will open it for him/her. You will also tell them where the cash is if threatened. Thast’s the problem, your emotions will rule when your life is at risk. Very remote chance at armed robbery really, but remember most likely a thief will find your hiding spot if he has enough time. That’s why I would want something foolproof. Don’t know what that is. I’m stashing 5k now and don’t feel at all at ease.
I came up with many places to hide money. One of my favorite places would have to be: Inside a fluorescent light fixture. Inside the fixture, there is a cover that quickly unscrews, revealing the ballast and wires. This is the greatest place I have ever came up with. I have also wrapped the money in saran wrap and covered with tin foil and put it in the freezer, then wrote some type of meat on it and mixed it in…
Also, you should not use a safe that uses a keypad to type in your passcode. Use an older style rotary dial type. Using pencil lead shavings and a hot breath, you can see the numbers that are pushed and then decipher the code from there.
I have two different ideas:
1. I bought a cheap vibrator ($5) and keep it in my nightstand. Rolled cash fits perfectly and I would imagine that any burglar looking there didn’t break in to look for cash.
2. I crochet, so when I’m hiding cash from hubby, I roll it up in a skein of yarn in an ugly color that I would never use.
Hope this helps!!