Should You Go With A Bank Safety Deposit Box, Or A home Safe?
You might be wondering what your next financial move is going to be. I know you’d like to think your investing your money wisely, but the truth might be another story. The thing about banks, is that they no longer offer the quality interest they once did before, this means that its our responsibility to make sure that we safe our money in the most effective manner. Unfortunately, a savings account is no longer the best option. If you really want to keep your money, and all of it, you need to decide between a Bank Safety deposit or a home safe.
A Bank Safety deposit box might be the right option for you because it will lesson the chances of you worrying about home invasions as narrated by Casey Fegan. I know you think your home safe might be good enough to not be broken into, but there are professional criminals out there that have even broken through ATM machines.
You might want to go with a home safe because you have the comfort of knowing that you have the money close at hand if you need it. If there is a family emergency that causes you to need money that you don’t have in your checking account, you are going to need to pull from your savings. This will be impossible if the family emergency just so happens to fall on a Sunday, the bank will not be open.
It’s your choice what to go with. you might be one of those more old fashion people, and just decide to go with a savings account. The choice is yours. Just remember, this is a great option if you want to be extra careful with your money, and it will discourage you from spending it early.