Dutch banks recently advised people to keep cash at home due to increased geopolitical threats. Some are taking this advice seriously, while others remain skeptical. The fact is that since this advice was given, there has been an increase in cash withdrawals. But where is the best place in the house to store cash?
How much cash should you keep at home?
Dutch banks advise keeping cash at home, but so far, they haven’t specified an amount. This advice will be provided at the beginning of 2025. The Nibud (National Institute for Family Finance Information) has long recommended keeping at least 50 euros in cash at home. This can come in handy if banks or ATMs are out of service.
Cash is important, but also vulnerable. Thieves are particularly interested in homes where there is plenty of cash to grab. Additionally, as an individual, you are only allowed to have 653 euros in cash at home without tax implications. For couples with a fiscal partner, this amount is 1,306 euros. Although enforcement is rare, you are formally required to report amounts above these limits on your tax return.
What is the best hiding spot?
see continuation on next page
Crockpot Chicken and Dumplings
Fragrant and Juicy Whole Roasted Chicken with a Medley of Spices
Only A Glass Of This Juice… Reverse Clogged Arteries & Lower High Blood Pressure
Discover the quick and easy broom trick to clean shutters
My daughter wants to put me in a nursing home to take my money. I decided to give her a life lesson
French Onion Ground Beef and Rice Casserole
Bed Scarves: What Are They and Why Do You Need One?
Boost Your Energy Like an 18-Year-Old with This Powerful Lemon and Honey Remedy
Method for Perfect Fried Eggs: Pour Water Trick