Stashing cash under mattress

Is Stashing Cash In Your Home A Good Idea?


For many people, the idea of having cash stashed away in their home is appealing. After all, it can be comforting to know that you have a large sum of money tucked away for a rainy day should an emergency arise. But is this really a good idea? Let’s take a look at some of the pros and cons of stashing cash in your home.

The Pros of Stashing Cash

One of the main advantages to keeping cash in your home is that it’s easily accessible. You don’t have to wait for the bank to open or wait for an ATM to dispense your funds; all you have to do is reach into your pocket or safe and grab what you need. Additionally, if you’re ever in need of quick cash without having to go through the bothersome paperwork associated with taking out a loan, then having money on hand can be very helpful.

Another advantage to stashing cash in your home is that it eliminates fees associated with banking services such as monthly maintenance fees and overdraft charges. Furthermore, if you keep enough cash on hand, then you don’t have to worry about running out of money during times when banks are closed (such as holidays).

The Cons of Stashing Cash

The biggest downside to keeping large amounts of cash in your house is the risk of theft. As soon as someone finds out that you have a stash of money in your house, they may become motivated to steal it from you. Even if you keep it hidden away in a safe place, burglars may still be able to find it if they break into your home and search for it. The top places that people hide cash at home are under the mattress, in the freezer, behind artwork and/or buried in the backyard.

Another downside to stashing cash at home is that it doesn’t earn interest as investments do. If you want to grow your wealth over time, then investing in stocks and bonds may be more beneficial than simply stashing cash away at home.

It’s also important to note that any large sums of money kept at home may not be insured by the FDIC like they would be if they were kept in a bank account; this means that if something were ever to happen (such as theft or fire), then you’d lose access to those funds forever.

Another disadvantage is the lack of security on paper currency itself; anyone could potentially use counterfeit bills without you realizing it until it’s too late. Moreover, storing large amounts of cash can also leave you vulnerable to being scammed by unscrupulous individuals who will try to take advantage of people who don’t keep their finances secure.

Finally, there are also tax implications associated with having large amounts of untraceable income; if the government discovers that you’re not reporting all of your income, they could come after you for unpaid taxes and fines.


Here are some frequently asked questions about stashing cash in your home:

What is cash stashing?

Cash stashing is the act of storing large amounts of cash in your home or other safe place. This money is typically stored away in a secure

What is stash cash?

Stash cash is a colloquialism for any large sum of money kept in one’s home. This money can be used in case of emergency, or simply kept for safekeeping.

What is Stash cash?

There is a personal finance investing app called Stash where you can invest and build wealth by investing in stocks, ETFs, and more.


Stashing cash in your house can be tempting due its accessibility and lack of additional fees associated with traditional banking methods; however, there are some significant risks involved as well. It’s important to weigh these pros and cons carefully before deciding whether or not this method is right for you and your financial situation. Ultimately, if done correctly and safely, stashing cash at home can be beneficial; however, it’s always wise to diversify how much money is kept in different places so that there are no major losses should something happen unexpectedly. It’s always best practice to make sure all financial decisions are made carefully and thoughtfully before committing!

Pros & Cons of Stashing Cash