Reported 3 days ago
A 62-year-old man expressed concern over his 64-year-old wife's insistence on keeping $75,000 in cash hidden at home rather than deposited in a bank, citing a need for security. Despite their financial stability with nearly $1 million in assets, her fear stems from a traumatic experience during her father's estate management, which left her distrustful of financial institutions. Experts on 'The Ramsey Show' advised the couple to balance safety and comfort by splitting the cash between a high-yield savings account and a secure home safe.
Source: YAHOO