If you have money in a safety deposit box,

General

If you have money in a safety deposit box, you should know the risks associated with keeping your cash there. There is no FDIC protection in a safe deposit box. The safety of your money depends on how you keep your cash in the box. A safe deposit box is supposed to be kept locked at all times. Make sure that you do this. Also, make sure that nobody else knows where the box is. You can buy a special lock that will keep out the burglars, but this will cost you. A good idea would be to buy a special key for the box. Make sure that the key is very secure and safe deposit box suppliers difficult to lose. You may also want to buy a chain and lock for the box. It is important to understand that it doesn’t matter what you put in your safety deposit box. The box itself will not help you to stay safe. The only thing that will help you to stay safe is your money inside. You may be tempted to keep all of your money in one place. That may seem like the best option, but it’s not. Keep your money in different places in case something bad happens to one place. You never know what may happen to your house, your car, or your home. Keeping your money in multiple places will give you more peace of mind.

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