What does money in the mattress mean?


What does money in the mattress mean? Hiding money under the mattress is a classic way of describing someone who is thrifty. However, economists argue that literally putting money in your mattress would cause you to lose money in the long run. Use the concept of opportunity cost to explain | Homework.Study.com.


What happens if you have a pile of money under your bed for ten years?

It isn't safe. Keeping your money in literal, tangible cash makes it extremely vulnerable. You could be robbed, or there could be a flood, a fire, or a pest infestation that snacks on your dollars.


Where should you not hide money?

Hiding Places to Avoid: areas that can damage your valuables with water or invasive matter, such as the water tank of a toilet, inside a mayonnaise jar that still has mayonnaise in it, or a paint can filled with paint.