2006-12-05 05:02:04 · 39 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Zip
2006-12-05 05:03:47 · answer #1 · answered by Anonymous · 2⤊ 2⤋
About £100
2006-12-05 05:09:37 · answer #2 · answered by Anonymous · 0⤊ 1⤋
As much as you need to pay for cash items. The rest should be in the bank. If you have an ATM card I would rather use that than keep large amounts at home
2006-12-05 05:09:54 · answer #3 · answered by Wibble 4 · 0⤊ 0⤋
There's no need to keep a lot of cash around the house. You can pull some cash from the ATM or for bigger purchases you can put it on the card. The only need for cash is if you're up to something naughty. If you have to keep cash at home get a small safe and don't let anyone know about it.
2006-12-05 05:13:21 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Hi there !
There is no "hard and fast" rule for that..But it is advisable to keep the money required for the next one week (approx) at home. But this too, you should keep in two different places. At the most accessible place, keep only 10 or 20 ! Remaining at a more safer place.
By this way, you can minimise the trips to the Banks / ATM to one per week on average.
Try it out.. You will find it very convenient..
best wishes..
2006-12-05 05:08:27 · answer #5 · answered by suresh k 6 · 0⤊ 1⤋
Only enough needed for `essentials`. I use cash very rarely, i use my credit card and pay the whole lot at the end of the month with one cheque. It is easy and safe. I do have an enormous American safe, that I bought many years ago, because it is fireproof, there is no money inside it, just my precious things. The things that would be irreplaceable if my house burned down, old family photos, letters mementos, important things.
2006-12-05 05:18:58 · answer #6 · answered by Social Science Lady 7 · 0⤊ 1⤋
Cash money is "dead"money because it isn't earning interest.
Any more than 100 ( dollars or pounds) would be excessive. Especially when ATMs are everywhere these days.
Burglars have an uncanny- almost unbelieveable- ability to find cash in a house. It's almost like they have a sixth sense.
The only people who keep large amounts of cash are the guys who have something to hide.
2006-12-05 05:06:06 · answer #7 · answered by Not Ecky Boy 6 · 1⤊ 1⤋
The safest place for your money is in the bank. Use an ATM/debit/visa for your purchases. I keep less than 25.00 on me at all times. That way I won't over spend and if I lose it or if it is stolen, then I'm not out too much. You can always go to the ATM or bank if you need more.
2006-12-05 05:13:00 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Check how much your contents insurance covers you for. Probably £500- £1000. If you keep more than this, you will not be able to claim back in the event of a fire, for example.
2006-12-08 08:27:09 · answer #9 · answered by Linda 6 · 0⤊ 0⤋
Depends on how much you are talking about. If you have a safe in your house, a few thousand dollars would be enough. There are many factors to consider, like how much you need at a moments notice, what area you live in, whether you trust banks. If you can help it, no more than a couple thousand.
2006-12-05 05:05:20 · answer #10 · answered by DJ 5 · 0⤊ 2⤋
Ideally, your money should be in a safe place, i.e. a bank or a home safe. That being said, the maximum you should have is $200.
2006-12-05 05:10:39 · answer #11 · answered by Michael L 3 · 0⤊ 1⤋