Tuesday, March 20, 2007

Don’t Hide Money In The Toilet: More Conversation With A Burglar Don’t Hide Money In The Toilet: More Conversation With A Burglar

Personal Finance Advice: Don’t Hide Money In The Toilet: More Conversation With A Burglar gives some good advice:
99% of the burglars on the street aren’t like the ones you see in the movies where stealing is their chosen profession. They are motivated by more sinister reasons. They are part of organized crime, they are part of a gang or, as in my case at the time, they are drug addicts.
When you realize that you are most likely hiding your money away from people described above and not the professional burglars you see in the movies and on TV, it gives a different perspective of where you absolutely shouldn’t be hiding your money.

What he explained was that when people hide their money, they usually think of a place where they would never look themselves instead of where a burglar is unlikely to find the money.
In other words, don't hide your valuables from yourself, hide them from the burglars.

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