How much cash?

"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." Thomas Jefferson

"All that is necessary for evil to triumph is that good men have insurance." JALLEN

December 09, 2017, 06:55 PM

rburg

Kind of personal to ask. Just yesterday I spotted 3 $1 bills in my bookcase. They've got odd serial #s and need to go to my deposit box. No I don't know why I collect them.

December 09, 2017, 07:26 PM

a1abdj

I get to see a lot of what people keep locked up at home due to my line of work.

I would say a few thousand is pretty normal among the "gun guys" with gun safes.

I've seen cash well into the six figures. I have seen precious metals into the seven figures.

Most of the time none of this is insurable. Insurance companies won't touch this due to the potential for fraud. If you have two readable serial numbers the Feds will replace crispy money.

December 09, 2017, 07:30 PM

msfzoe

Enough.

December 09, 2017, 07:32 PM

Scurvy

like 100 in the house just in case, 50 in the wallet just in case. don't really carry cash.

December 09, 2017, 07:56 PM

Redhookbklyn

quote:
Originally posted by sigmonkey:
I keep all my money in my ex-wife's bank account...

Now that's funny.

~$100 in my wallet. Do not see a reason to keep cash at the house.

December 09, 2017, 07:57 PM

TMats

Hmm. Our CC has been compromised several times, so I carry more cash than I used to, typically $80-100. I also have a $50 bill in my card keeper, although I’m strangely averse to spending it. In the safe usually about $500.

December 09, 2017, 08:05 PM

kimber1911

Wallet $0-$20, 90% of the time $0
Home 50 cents in wheat head pennies, $6 in two dollar bills.

Sitting pretty good.
In an emergency I could get a Big Mac, however would need to be pretty darn hungry to part with the pennies.

Don't see wheat heads much anymore, and they haven't printed those two dollar bills since 1976.
Another 20 years and they may double in value.

“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,”
Pres. Select, Joe Biden

“Let’s go, Brandon” Kelli Stavast, 2 Oct. 2021

December 09, 2017, 08:07 PM

grumpy1

Not much. I keep maybe $50 on me and about five hundred at home. Also a few ounces of gold in the safe deposit box at the bank. Last time I talked to my insurance gal to renew my home owners policy she made it a point of making sure I understood that any cash of mine is only insured for a couple hundred dollars.

December 09, 2017, 08:07 PM

sig77

Minimum 200 in my wallet and 3k in the gun safe.

December 09, 2017, 08:13 PM

mr kablammo

In the wallet, not much. In the car, I try to keep $20 for a gas emergency. Thinking about it now, I would estimate that keeping one month's of expenses in cash would be reasonable.

I am thinking of going to a cash allowance budget as it is just too easy to swipe the card.

"It is only with the heart that one can see rightly; what is essential is invisible to the eye". The Little Prince, Antoine de Saint-Exupery, pilot and author, lost on mission, July 1944, Med Theatre.

December 09, 2017, 08:47 PM

Rey HRH

quote:
Originally posted by BamaJeepster:
If you keep a large amount of cash in your home you might want to consider getting a rider on your homeowner's policy.

My in-law's neighbor's house burned down last January and they saved and kept cash at home, didn't believe in investing it. They lost their entire retirement - the insurance only covered $200 in cash on their policy. They are going to rebuild their house, but not sure what they are going to do - the man is near 70 and he is going to have to continue working to support himself and his wife. Sad situation.

That sucks.

I keep some emergency money in a couple of places, about $200 each broken down. Working cash, it goes from $20 to $200 and i replenish it from the ATM.

"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.

December 09, 2017, 08:53 PM

jimmy123x

How on earth do you guys walk around with $0 in your wallet? That is beyond me. What happens if the phone lines are down and your debit/credit card doesn't work? What if you need to tip someone for helping you out or get into a jam? One should always carry some cash on them for emergencies.

Also, nothing pisses me off more than being on line in a busy convenient store and some jackass is taking 2 minutes to buy a $1 item with a debit card. Which is also a surefire way of getting your cc or debit card hacked as well.

December 09, 2017, 10:45 PM

mcrimm

I typically have $100 in my wallet and nothing at the house. Virtually every purchase goes on a CC.
Mike

I'm sorry if I hurt you feelings when I called you stupid - I thought you already knew - Unknown
...................................
When you have no future, you live in the past. " Sycamore Row" by John Grisham

December 09, 2017, 10:55 PM

Balzé Halzé

quote:
Originally posted by jimmy123x:
A minimum of $500 in my wallet, and at least $2k underneath my mattress

Yeah, minimum $500 on me all the time but usually more. I like cash though I rarely ever use it.

~Alan

Acta Non Verba
NRA Life Member (Patron)
God, Family, Guns, Country

Men will fight and die to protect women... because women protect everything else. ~Andrew Klavan

December 09, 2017, 11:01 PM

46and2

Tree Fiddy.

December 09, 2017, 11:11 PM

Jim Shugart

I carry a couple of hundred with me. I never give my credit cards to anyone and therefore pay cash at restaurants, etc.

It's been almost 10 years since my CC info was last compromised (knock on wood). I know you don't loose any money, but still it's a PITA.