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Funding Your Future: Cash it or Stash it?

Posted at 1:45 PM, Feb 03, 2016
and last updated 2016-02-03 15:45:40-05

Financial expert Rachel Langlois from Cyprus Credit Union shared advice on keeping cash at home.

  • Get a waterproof, fireproof, lockable case to store cash in at home
  • Keep 15% of 3 months salary worth of cash in your home for emergencies
  • Make sure to get different bills so that you can be prepared for any situation: 1's, 5's, 10's, 20's, etc.
  • Keep 85% of your money in the bank where it is backed by insurance and gaining interest.

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