Where to actually keep emergency savings/cash? bank? Mattress? - Page 5 - Survivalist Forum
Survivalist Forum

Advertise Here

Go Back   Survivalist Forum > >
Articles Classifieds Donations Gallery Groups Links Store Survival Files


Financial Forum Economics and Precious Metals

Advertise Here
Similar Threads
Thread Thread Starter Forum Replies Last Post
Survival Acronyms kev New Member Introduction 1002 04-18-2017 12:18 AM
ARES / RACES or both? k0diak314 Communications 5 02-07-2017 06:37 PM
Home built cogeneration system - Battery bank charger / Hot water? Mr4btTahoe DIY - Do It Yourself 18 02-07-2017 07:54 AM
amateur radio communication for hobby or emergency Mrterryman Pennsylvania 6 01-24-2017 07:49 AM
A couple of questions about the battery bank I've built... hlsjunk DIY - Do It Yourself 32 01-07-2017 09:58 PM

Thread Tools Display Modes
Old 03-19-2017, 12:30 AM
aus_sprite aus_sprite is offline
Join Date: Mar 2017
Location: Where they eat a lot of Vegemite, Pies and Beer
Posts: 25
Thanks: 21
Thanked 26 Times in 16 Posts

Advertise Here

Originally Posted by Vaquero5 View Post
I don't know if anyone thought of Safe Deposit Boxes, but that's what I use. Banks don't like customers storing cash in them because they aren't FDIC insured, so if the bank burnt down, your out that cash, but I still do it
Don't use a bank safe deposit box. Banks can and will close indefinately to protect themselves during bank runs. This includes access to safe deposit boxes. Remember that you are * always * an unsecured creditor with them, regardless of what you deposit with them (bank accounts, box assets etc).

Try private vaults - their charter is to protect their clients.
The Following 2 Users Say Thank You to aus_sprite For This Useful Post:
Old 03-19-2017, 09:03 AM
Iamfarticus's Avatar
Iamfarticus Iamfarticus is online now
Join Date: Oct 2014
Location: LI, NY
Posts: 3,535
Thanks: 1,319
Thanked 6,535 Times in 2,469 Posts

My SIL's mother died a couple of years back and she was old school Austrian. When they cleaned out the house, they had to go through each and every book and magazine to find stashed cash. It took her and her brother 3 days to go through it all. $20 there, $100 there, it added up to a tidy sum.
Old 04-18-2017, 12:37 AM
Coach57 Coach57 is offline
Join Date: Apr 2017
Posts: 3
Thanks: 0
Thanked 3 Times in 2 Posts

If I ever was successful enough to have a stash of PM and cash, I would buy a really really good safe, conceal it, and get an alarm system.
Old 04-18-2017, 12:21 PM
Observer's Avatar
Observer Observer is offline
Join Date: Jun 2008
Location: Oklahoma again
Posts: 4,867
Thanks: 5,552
Thanked 3,928 Times in 1,954 Posts

Someone, anyone please correct me if I am wrong, but did not obama pass some sort of legislation that allowed the banks to keep the depositor's money in case of another economic meltdown "To shore themselves up with" depositor's monies? This has been my thinking these past 4-6 years now.
The Following User Says Thank You to Observer For This Useful Post:
Old 04-19-2017, 09:12 PM
mygunisjammed mygunisjammed is offline
Junior Member
Join Date: Feb 2016
Posts: 109
Thanks: 21
Thanked 55 Times in 34 Posts

thanks for all the replies guys.
Old 04-19-2017, 11:30 PM
prankster's Avatar
prankster prankster is offline
Join Date: Dec 2010
Posts: 2,126
Thanks: 5,629
Thanked 2,605 Times in 1,127 Posts

Safe deposit box at a good bank-end of story!
Old 04-20-2017, 12:01 PM
Hick Industries's Avatar
Hick Industries Hick Industries is online now
Live Secret, Live Happy
Join Date: Apr 2009
Location: Eastern Oklahoma
Posts: 10,765
Thanks: 11,613
Thanked 21,137 Times in 6,706 Posts

A safety deposite box at a bank would be my last choice.

The lending practices, and high risk investments of large commercial banks, are the greatest risk we face. They will likely cause a future Great Depression, and their lresponse would be to sieze the assets of their customers. They will take your account balance, default on CDs and money market accounts, and steal the contents of your safety deposit box.

Why would I suggest this? Because that's what they gave done before. They done it recently in other countries, and did it here in the US, during the first Great Depression. Plus, the morons in Congress have changed the banking laws to make this easier and more likely.

If you have significant assets, convert those assets into tangible form, buy a home safe, and keep your big mouth shut.
The Following 3 Users Say Thank You to Hick Industries For This Useful Post:
Old 04-20-2017, 01:31 PM
Silent_Partner Silent_Partner is offline
Join Date: Apr 2017
Posts: 8
Thanks: 4
Thanked 4 Times in 3 Posts

When I was a kid, my grandfather had dug out a section of the floor of his garage and put in a fireproof safe. They covered it with cardboard (like when you are trying to catch oil drips) and parked a car over the top of it that was rarely used. I always thought that was a great idea and might do that myself someday.
Old 04-21-2017, 09:18 PM
pinetree64 pinetree64 is offline
Junior Member
Join Date: Feb 2010
Location: North Georgia
Posts: 243
Thanks: 574
Thanked 111 Times in 78 Posts

Emergency fund, financially speaking, should be in savings or money market. Things look iffy, pull it out. I keep $100 or with me, $100 or so in my truck, same with petty cash in a kitchen drawer. Gold and silver in gun safe, because I like it. Things would have to turn negative for me to pull large amounts of cash. Stay informed. My dad hid money, when we were shredding old documents, we almost trashed a thousand bucks hidden in a stack of papers.


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 08:19 AM.

Powered by vBulletin®
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Search Engine Optimisation provided by DragonByte SEO (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
Copyright © Kevin Felts 2006 - 2015,
Green theme by http://www.themesbydesign.net