General Discussion

Greybnk48

(10,737 posts)

15. I'm 75, and I ALWAYS keep at least $1000 in cash at our house,

Thu Feb 15, 2024, 09:10 PM

Feb 2024

usually $1500 to $2000 just in case. Of what, I don't know. But it makes me feel comfortable. We almost never tap into it either. I think it's foolish not to have cash on hand.

My parents always kept their money in cash as well (besides investments). Depression babies.

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Katie Phang is stating that her mother told her to have money stashed away. [View all] LiberalFighter Feb 2024 OP

Our grandmothers and mothers all stashed some money away. Irish_Dem Feb 2024 #1

I have tried to stash money away, but I always spend it on my grandchildren so I gave up. barbaraann Feb 2024 #2

It is such a joy to give grandchildren treats! redwitch Feb 2024 #38

Oh, yes! barbaraann Feb 2024 #49

I got the same advice. I'm glad I took that advice as it helped me a lot Deuxcents Feb 2024 #3

Mom had $15K stashed in multigraincracker Feb 2024 #4

Yeah my Mom never had to say it, I always did after realizing she could not get out. Bev54 Feb 2024 #5

Didn't happen in my family. elleng Feb 2024 #6

Neither grandmother stashed a bit of money away for a rainy day? Irish_Dem Feb 2024 #14

I'm not aware of it. elleng Feb 2024 #19

The whole point of the secret stash is that it was secret. Irish_Dem Feb 2024 #25

I was told the same.... CousinIT Feb 2024 #7

My mom always keeps about $500 stashed away in the house. Staph Feb 2024 #8

my parents insisted I hide money in my home I shared agingdem Feb 2024 #9

My Jewish friends tell very similar stories. Irish_Dem Feb 2024 #16

A friend of my Grandma called it her Widows' Pension. Talitha Feb 2024 #32

My mom was a waitress gab13by13 Feb 2024 #10

Lovely story. Irish_Dem Feb 2024 #18

I used to find new shiney pennies all the time, I have no idea who they're from Merlot Feb 2024 #26

My depression era grandfather use to bury money. Emile Feb 2024 #11

My parents always had money stashed away, badhair77 Feb 2024 #12

Remember when we went on dates, we were supposed to have money to call home or call a cab. Irish_Dem Feb 2024 #13

Absolutely! My dad always tucked money in my pocket or purse Greybnk48 Feb 2024 #17

Or tucked in your bra. Irish_Dem Feb 2024 #20

We had the same parents! I have a funny story about bra money. Greybnk48 Feb 2024 #30

That's a great story! Irish_Dem Feb 2024 #43

Exactly! niyad Feb 2024 #33

I remember that too! We called it 'mad' money. Talitha Feb 2024 #34

Exactly. It was called mad money. You made sure you had mad money when you went out on a date. Irish_Dem Feb 2024 #44

I'm 75, and I ALWAYS keep at least $1000 in cash at our house, Greybnk48 Feb 2024 #15

for years ive kept all my farmers market money.. samnsara Feb 2024 #21

My Mother always told me to stash money away kimbutgar Feb 2024 #22

About 15 years ago, a bad storm came and wiped out area power for almost two weeks. Irish_Dem Feb 2024 #23

That environment needs to be considered. LiberalFighter Feb 2024 #27

Yes no one realized what would happen if power is out for a long time. Irish_Dem Feb 2024 #29

I had a similar situation after the 1989 earthquake in SF. All the teller machines were down. diane in sf Feb 2024 #35

Yes everywhere, stores, gas stations, etc. Irish_Dem Feb 2024 #37

Yikes. I'd be so screwed ecstatic Feb 2024 #36

Yes $100 would be good. Irish_Dem Feb 2024 #41

If all of these stories were out in public it would give people a different view. LiberalFighter Feb 2024 #24

The reasons for cash are many unc70 Feb 2024 #28

Yes most of our grandmothers could not legally have their own bank accounts. Irish_Dem Feb 2024 #42

A very wise older friend told me that every woman should have a secret niyad Feb 2024 #31

So did my mum and paternal gradma malaise Feb 2024 #39

Fani is young enough to be my daughter. LeftInTX Feb 2024 #40

I'm white, my father grew up poor, he always carried hundreds of dollars in his wallet Model35mech Feb 2024 #45

I'm gen x and my wife and I stash away cash Buckeyeblue Feb 2024 #46

I carry a penny in my wallet JustABozoOnThisBus Feb 2024 #47

I'm a guy and I keep $2000 in my handgun lockbox in my car. SYFROYH Feb 2024 #48