TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAI page located HERE and access the private page.

If you're having trouble please give me an email at UniversalOm432Hz@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject line of your email should be: "Entry | (Title of your post) | Dinar Chronicles"

- Proper grammar
- Solely write intel, rumors, news, thoughts, messages regarding Dinarland, Iraq, the RV, the GCR, NESARA/GESARA, the Republic, Spirituality, Ascension and anything that is relating
- Your signature/name/username at the end (If you wish to remain anonymous then you don't need to provide one.)

If you have any questions or wish to communicate with us then please give us an email at UniversalOm432Hz@gmail.com

Send your entry and speak out today!

Dinar Chronicles Daily Newsletter

Subscribe to receive the site's daily newsletter.

Featured Post

Restored Republic via a GCR: Special Report as of June 24, 2019

Special Report: Restored Republic via a GCR Update as of June 24 2019 Compiled by Judy Byington, MSW, LCSW, ret. CEO, Child Abuse Recovery...

Saturday, January 31, 2015

Backdoc at KTFA: "Under a mattress, in the freezer"

KTFA:

backdoc » January 30th, 2015

Under a mattress, in the freezer: Why so many are hiding cash


Kelli B. Grant | @kelligrant
CNBC.com

Where to stash your cash? Some Americans are sleeping on it—literally.

While banks are still the go-to solution for most consumers, 29 percent say they're keeping at least some savings in cash bills and coins, according to a new survey of 1,820 adults from American Express.

Of those holding cash savings, 53 percent are hiding it in a secret location.

Millennials are even more apt than other generations to go the mattress or freezer route, with 67 percent of those saving cash saying that they hide it outside a bank account.

"We've long asked people about how they've planned to keep their savings, and for the past few years, we've seen an uptick in people saving cash," said Kimberly Litt, public affairs manager at American Express. This is the first year the company has specifically asked Americans about tucking away cash.

The survey also found that about 1 in 4 consumers anticipates a financial emergency this year, and hiding cash at home could be one way people are preparing.

"I've also heard of people using it as a budget technique, keeping cash in envelopes set aside," said Litt.

A five-minute fix that can help you save more

AmEx didn't ask where, exactly, that cash is stashed, but a 2012 Marist College survey of 1,080 adults found that the most popular place—with 27 percent of the vote—is the freezer.

A little less than 20 percent of Americans hide cash in a sock drawer, while 11 percent put it under the mattress and 10 percent secure it in a cookie jar. Another 9 percent keep their cash somewhere else in the house.

"We saw a surge of this back in 2008, when the banking crisis was going on," said security expert Todd Morris, founder and chief executive of BrickHouse Security, a company that sells security, technology and surveillance solutions.

The trend has continued in recent years, he said, with more people installing floor and wall safes to store important documents and cash.

Here's why your auto insurance jumped 41%

But keeping large amounts of cash in the house is something that makes personal finance experts cringe. "Can't discourage it strongly enough," said Greg McBride, chief financial analyst at Bankrate.com. "That's a recipe for problems down the road."

Primarily, that's because the funds don't have the same loss protections afforded to an FDIC-insured savings or checking account. "Keeping money stashed around the house leaves you at tremendous risk of theft or loss due to fire or some sort of unforeseen disaster," he said.

There are plenty of horror stories, such as the Israeli woman who in 2009 replaced her mother's old mattress, only to learn that it was where she'd hidden her life savings, an estimated $1 million.

Or the man in Moline, Illinois, who accidentally donated a suit with $13,000 stashed in a pocket.

That said, it's not a bad idea to have a little cash at home, for use in an emergency, said McBride. After a major storm, for example, ATM access may be limited or stores' credit card processing systems may not be working.

Keep on hand what you'd need to tide you over for a few days, with the exact amount depending on your family's financial situation, he said.

But even then, come up with a decent hiding spot. Thieves know which spots are popular, Morris said. "Burglars definitely know certain places to look, like the bottom of your sock drawers, and underneath your drawers, where it's easy to tape an envelope [of cash]," he said.

"If you think about your house and you know where things are, you can think about some places where people wouldn't look." Maybe a tool box in the basement, for example, or a little-looked-at book on your shelf.

Pick just one place, Morris said. Divvying up cash among multiple spots increases the chance of you forgetting one of the hiding places or otherwise losing the cash (say, by adding the pair of boots where it's stored to the yard sale pile, or throwing out that old hairbrush that's actually a diversion safe).

Be sure to tell at least one other person the location of your hiding place, he said. That reduces the chances of an accidental disposal, and also ensures your assets won't be lost if you suddenly pass away.

http://www.cnbc.com/id/102377632

Reactions:

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More