do you save your money in cash or in the bank?

@chiumee (850)
Philippines
November 30, 2009 3:52pm CST
i mean some people would prefer to save their money most of the time in a bank. most of them would consider the safety of saving. in addition, their earnings is getting interest at a certain time if they put it in a bank. while some others would say, sometimes it is very risky to save big amounts in the bank. because if the bank gets robbed for example, then they will only get the insurance benefit of their deposits which is much less than what they have earned. i actually prefer to hold my money in cash. although i do have a bank account but i am not saving all my money in it. i just use my bank account for salary transaction with the company i work for or if i am receiving any amount from anyone away from me. what about you? do you really have to save all your money in a bank, or even to more than one bank?
1 response
@umer5222 (724)
• Cyprus
30 Nov 09
I do save my money in my pockets of the coat,if one fill in, then do same with other coat, i use precaution, because if Robbers come in my house, they first will go towards locker, nobody is going to check your cloths in cupboard.
@chiumee (850)
• Philippines
1 Dec 09
really i actually do the same. i have it inserted in some of my clothes or even in my old books. well quite of few big amount of bills i am keeping are the ones i insert in some pages of my old books.