Avani Ramnani Quoted by The Wall Street Journal: The Right Amount of Cash to Keep at Home for Emergencies
How to Protect Your Cash
Avani Ramnani, Partner and Managing Director of Francis Financial emphasizes the significance of being mindful of the cash you store at home.
Aside from the risk of theft, stashing cash in a variety of places around the home can create the need for a treasure map of sorts, and some way to communicate the locations to friends or relatives.
“If you have cash lying around in different locations of your home, how do you keep track of all those amounts?”