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re: Physical cash on hand
Posted on 7/2/23 at 7:45 am to El Segundo Guy
Posted on 7/2/23 at 7:45 am to El Segundo Guy
Why in the world would you need $50k sitting in a safe? It’s way more than what you need for most common emergencies, and not nearly enough for unique emergencies (need to disappear for “business” reasons, ransom money, etc.”)
I keep about $1k at home. That’s usually more than enough and helpful to have when I don’t have a few bills to tip the delivery people.
I keep about $1k at home. That’s usually more than enough and helpful to have when I don’t have a few bills to tip the delivery people.
Posted on 7/7/23 at 10:17 am to blackoutdore
quote:
Why in the world would you need $50k sitting in a safe?
In a divorce situation it's worth $50k, in any account it's worth $25k or less.
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