Is it better to keep cash in safe or bank?
Is it better to keep cash in safe or bank? However, money for everyday bills is probably safer in a bank account. High-yield savings accounts or certificates of deposit (CD) are good places to park emergency savings and other money you're socking away for a big-ticket item or event.
How do you store large amounts of cash?
Home Safe or Fireproof Safe: Investing in a home safe or fireproof safe is a popular and secure option for cash storage. These safes are designed to protect against theft, fire, and other potential hazards. Install the safe in a discreet and secure location in your home, such as a locked closet or a hidden area.