How to Keep Your Money Safe at Home

Home invasions are far more common than you think. In fact, the Department of Justice estimates there are more than 3.7 million home invasions per year.

Monetary theft is one of the most common motives behind a home invasion. For this reason, it is imperative that you secure your money and valuable possessions. The days of keep money hid in a drawer or underneath the mattress are over.

Read on to learn how to keep money safe at home. Explore tips and advice on how to secure your most valuable assets.

Manage Your Money Digitally

The best advice to keep your money safe is to get rid of cash. With today’s online banking systems, you no longer need to hold thousands of dollars at your house.

You can put money aside in separate checking and savings accounts. You can automatically deduct a portion of your paycheck and divert it towards savings.

Buy a Safe

While online banking is a valuable tool, some people still like to carry a little cash. If you fall into this category, consider purchasing a safe.

The vast majority of home invaders are not criminal masterminds. They are looking to quickly get in and get out with some of your valuable possessions.

Simply buying a safe is one of your best defenses against burglary. You will add a unique entry code that only a select few know.

The average burglar cannot crack a safe. They do not even have time for an attempt. It will serve as a deterrent for them to move on and focus on something else.

Invest in a Home Alarm System

A home alarm system is an effective way to keep your money safe. Most burglars will not attempt to break into a house with an alarm. As a deterrent, home security companies provide window stickers and yard signs.

These let burglars and would-be criminals know that your house is defended. They are likely to move right past your house when they see the warning signs.

If a criminal attempts to a break-in, a loud audible alarm will scare them off. It will also notify the authorities and the police will be at your house in minutes.

Purchase a Firearm

There are some situations where a safe or home alarm system is not enough. A small percentage of criminals can thwart these home defense solutions.

To protect your family and assets, consider purchasing a firearm. You will need to apply for a license with your state police.

To prevent any misuse, you should also purchase a locker or gun safe to store your gun. The best lockers can also be used to store valuables like cash and jewelry.

A Recap of How to Keep Money Safe at Home

If you choose to keep large amounts of cash at home, it is important to protect it. You can do so with a home alarm system or a safe. In more extreme scenarios, you may choose to purchase a firearm.
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