To effectively keep money at home, combine strategic placement for financial abundance with robust practical security measures.
Strategic Placement for Financial Abundance
Beyond mere security, certain placements are believed to foster stability and growth for your finances.
Optimal Location for Lockers and Safes
For those who wish for financial abundance, the placement of lockers or safes is crucial:
- Southwest Corner: Position your lockers or safes in the southwest corner of your home. This specific area is associated with the earth element, which is believed to ensure stability and attract financial prosperity.
- Avoid Specific Directions: It is advised that the locker in your house should never open towards the west or south directions. Ignoring this guidance is thought to result in a heavy outflow of money, potentially diminishing your wealth.
Practical Home Security Measures
While mindful placement offers a spiritual dimension, practical security is paramount to protect your assets from theft or damage.
Investing in a Home Safe
A high-quality home safe is an excellent investment for safeguarding cash, important documents, and other valuables.
- Types of Safes:
- Fireproof Safes: Protect contents from high temperatures in case of a fire.
- Waterproof Safes: Offer protection against water damage from floods or burst pipes.
- Burglary Safes: Designed with robust materials and locking mechanisms to deter theft.
- Installation: Always ensure your safe is securely bolted to the floor or a wall. A safe that isn't anchored can be easily carried away by intruders. For more information on selecting and installing a home safe, consider resources from security experts.
Choosing Hidden Locations
Beyond a visible safe, employing creative hiding spots can add an extra layer of protection, making your valuables harder to find.
- Avoid Obvious Spots: Never keep money under a mattress, in a cookie jar, or in an easily accessible drawer. These are the first places intruders will check.
- Creative Hiding Places:
- False Bottoms: Install false bottoms in drawers, cabinets, or even flowerpots.
- Disguised Containers: Use empty, clean food containers (e.g., coffee cans, cereal boxes) in the pantry, mixed with other groceries.
- Old Electronics: Conceal money inside old, non-functional appliances like a stereo receiver (ensure it's unplugged and unusable).
- Books: Cut out a section inside an old book and place it on a bookshelf.
- Behind Wall Art: Create a small, discreet compartment behind a large framed picture or mirror.
Diversifying Storage Locations
Never put all your eggs in one basket. Spreading your cash and valuables across multiple locations within your home, or even outside of it, significantly reduces your risk.
- Multiple Spots: Use a combination of a home safe, hidden compartments, and potentially a bank safe deposit box for larger sums or highly valuable items.
- External Storage: For significant amounts of money or heirloom jewelry, a bank safe deposit box offers a high level of security and often insurance, though it is less accessible.
Best Practices for Storing Valuables
Effective storage goes beyond just location; it includes documentation and protection.
Inventory and Documentation
Keeping a detailed record of your valuables is crucial for insurance claims and personal tracking.
- Create a Detailed List: Document all items, including serial numbers, makes, and models.
- Take Photographs or Videos: Capture clear images or a video walkthrough of your valuables and their storage locations (for your eyes only).
- Store Separately: Keep this inventory and any relevant receipts in a secure location separate from the items themselves, ideally in a cloud storage service or an off-site bank safe deposit box.
Insurance Coverage
Your standard homeowner's or renter's insurance policy might have limitations on cash and high-value items.
- Review Policy: Check your current insurance policy for coverage limits on cash, jewelry, and other specific valuables.
- Add Riders: For items exceeding standard limits, consider purchasing a personal articles floater or a separate rider to ensure adequate coverage. You can find more details on home insurance and valuables through your insurer or consumer insurance guides.
Comparison of Storage Options
| Storage Type | Pros | Cons | Best For |
|---|---|---|---|
| Home Safe | Secure, fire/water resistant (if specified) | Can be bulky, requires proper installation | Large sums, important documents, firearms |
| Hidden Compartments | Discreet, unexpected, easily accessible | Less secure if discovered, limited space | Small cash amounts, small jewelry items |
| Bank Safe Deposit Box | Highly secure, often insured, off-site protection | Less accessible, annual fees, not for daily use | Extremely valuable items, long-term storage, vital documents |
