No dollar plan is complete without incorporating strategies to safeguard your money and assets. After all, what is the point in growing your dollars if you might lose them down the road?
While we usually think of insurance, investment vehicles, and trying to stay away from the Bernie Madoffs of the world as the way to safeguard our finances, it is also important to think about safeguarding the valuables, money, important documents, and jewels that you keep in your own home.
Below is a list of wacky and ingenious diversion safes you can purchase. Remember that these diversion safes will only work when they appear to be normal fixtures/products in your home (for example, don’t keep the Del Monte Fruit Cocktail safe under your bed—that would be a dead giveaway to a burglar).
You will also want to let your partner or other family member know where you are hiding things in case you forget or something happens to you, since these home safes aren’t as obvious as traditional fire safes.
10 Wacky Security Safes
Iceberg Lettuce: Unless they want to add a little fiber and water to their lives, I don’t see someone going in your fridge to steal your iceberg lettuce. On the flipside, someone in your family might grab this to eat so give everyone the heads up.
Del Monte Fruit Cocktail: No longer just for grandparents (my grandmother uses this as our fruit cocktail for every great holiday meal she cooks us, and my grandfather used to eat these all the time). This can looks identical to the one you buy in a store and will easily camouflage in with the rest of your pantry.
Wall Clock: This looks like a cheap dollar store clock that no burglar would want to put on their wall.
Kibbles’n Bits: Honestly, what burglar would come in to steal your dog food?
Electrical Outlet: It is unlikely burglars will unscrew your wall sockets to sell on the black market.
Surge Protector Safe: This is genius! Except if you have electronics plugged into it and the burglar just snatches everything…
Candle Safe: Make sure to not accidentally “burn” through your cash.
Jock Itch Can: I don’t think anyone will want to touch this one.
Flower Pot: Once again, this is not something worth stealing, and so it is unlikely that a burglar will look here. (You may want to put this in your backyard instead of your front yard).
Sprinkler Head: Another genius idea (you may want to put this in your backyard instead of your front yard).
Do you have any great hiding places, or have you purchased in home safes that you think are either wacky or clever? I’d love to hear about it!
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I have a kitchen shelf full of tea tins, 99% of which have their listed contents. However, in the back row, well hidden by other tins, is a large Darjeeling container in which I have cash hidden. No way anyone would even think to look there!
Great hiding spot! Thank you for sharing.
How about in my old bowling ball bag? Ssssh!
I won’t tell anyone:).
Buying a real safe to put the Closing papers, money, valuables etc is the best option. Get one for $200 and secure it to the floor or wall studs.
Alternatively, open a safety deposit account at the local bank and put it there.
Cash should be in the bank, your wallet/purse or invested.
Finally, buying Gold will be the best option, although Silver will be thrilling over the next 2-10 years. To safe-guard this for folks in the US, you will need a good safe in home or deposit box at the bank.
Gold/Silver is the NEW MONEY, so protect your assets.
Hello Kenny! Thank you for your thoughts and suggestions. We would like to buy a firesafe box for our important documents soon.
I use a beat up coffee tin on the shelf in my shop. It sits right next all of the other cans of screws and nails nuts and bolts I put 1/2 a bag of finish nails on top and poof noone not even the wife is the wiser.
Hello Kyle–that is a great idea! Who wants a rusty old tin of “nails”?
I have several “Kitchen Banks” where I keep just a few dollars around for those days when we are REALLY broke. VERY nice when the family is keen on pizza but we can’t afford it..Mom’s Kitchen Banks to the rescue!! Or my husband wants to eat out and it’s not payday, or I want to take the kids to a playdate somewhere that will cost a few bucks.
One is a tea tin, like a previous poster. Another is a baking powder container, exactly like the baking powder container in front of it that actually contains baking powder 😉 only empty, clean, and with a couple of $20s. My favorite is a Mayonnaise jar which I washed well and painted inside with white paint. Large, plastic, and invisible!!
Bubamara: These are all great ideas. I especially like the mayonnaise jar one!
I haven’t done this yet but I was thinking of gluing a little container to a magnet to put money in it. I would then put it down one of my heater floor vents. I don’t think many would think of going in their. Good article.
I think that makes perfect sense–or in an air vent somewhere.
Tampax boxes. I stashed checks and other negotiable instruments in them until someone told me the cops go straight to Tampax boxes when they’re shaking down your house for drugs, and so presumably do the burglars.
If you have lots and lots of books, consider getting (or making) a book safe. These are remaindered books whose pages have been glued together and then a hole cut out of the middle to serve as a stash. Looks exactly like any other book (because it IS a book), and if like me you have 87 gerjillion books, it’s unlikely the burglar will find it. However, if you hide a gun in the house and the burglar finds it, he’ll probably figure you have others hidden behind your books and so will dump everything out of the shelves onto the floor–in the process of which he’ll come across the book safe.
Best bet is a fire-proof, safecracker-resistant safe that bolts to the floor.