I am now so scared to lose my money that I am hording my money at home.

geordiecolin

Meister Member
PABnononaccred
CAG
mm4
Joined
Jun 5, 2015
Location
Near Newcastle
Has anyone done what I have been done recently? I have come to withdrawing most of my money regardless of my winnings online or my wages going in. I am left with thousands hidden at home. Am I the only one who has used their head in this way? Am I just one step away of having a real problem?
 

Siohmy

Experienced Member
Joined
Aug 9, 2012
Location
Blighty
There’s no “one step” about this. That said, there are quite a few people who deal in hard cash. Those that I know still generally use a bank account though.
 

slotmaster

Paleo Meister (means really, really old)
Joined
Apr 2, 2011
Location
Ontario
To be fair I have wanted for a long time now keep some money in cash at home in case of a power outage again like we had years ago cause everything at the bank is computers and they have no back up plan so you can't access any money, more so these days as everyone uses cards which I don't understand so you're not far off,lol. Actually, my grandma had money all over her house back in the day, you know you old people.:D
 

greylady

Behind every great man is a woman rolling her eyes
Joined
Jan 30, 2017
Location
Scotland
Has anyone done what I have been done recently? I have come to withdrawing most of my money regardless of my winnings online or my wages going in. I am left with thousands hidden at home. Am I the only one who has used their head in this way? Am I just one step away of having a real problem?

For me the question would have to be asked, why do you feel you will lose your money whether it be in an e-wallet or the bank, what don't you trust about them?

I would be more worried about you posting on the net, where almost anyone can access the information, that you have stored money at home - you might as well say 'anyone want to come and rob me' tut.
 

mack341

Senior Member
Joined
May 8, 2018
Location
south east england
Col do you mean fear of losing your money through gambling or from someone hacking an online bank account?

Why not get an old fashioned building society account with no online access, rub the security code off any debit card without looking at it, and just use the branch cashier to withraw and deposit money?

Online shopping is about to get more secure as the banks are going to require a tel contact number or mobile to send a text to, in order to verify a purchase.
 

asidea

®Laugh a little each day!.
PABnonaccred
Joined
Apr 28, 2004
Location
UK
I'll be visiting u soon geordie..:D.just kidding!. On the other hand it will be nice if we have a cashless soceity, no more cards, coins or paper to carry around.
 

mina1929

Meister Member
Joined
Jun 13, 2015
Location
Universe
well, 2 of 3- i dont use anything but my bank card
well, 2 of 3- i dont use anything but my bank card

Last week most of the banks were down in AU, cause of online fault with Telstra and everyone was in a panic mode, no cash no purchase so having a bit of cash around is a good idea but only a little bit :)
 

nikantw

Banned User
Joined
Jan 28, 2011
Location
EU
To be fair "money in the bank" lost its old meaning in Europe the moment EU officials stated "the money in your bank account are an investment and you can lose them any moment". Then we had capital controls in a few countries and ECB closing banks just for the fun of it......

Anyway, that shouldn't be a problem for UK though. You don't have the euro and you don't have a central bank working against you, so your money should be safe in your banks. :)
 

steveh35

Ueber Meister
Joined
Aug 25, 2010
Location
doncaster
I used to withdraw all my wages years ago and keep it all at home I am totally opposite now I don't even use cash anymore I have been totally contactless converted.

It's probably a phase is it to stop you gambling or just because you don't trust someone not to access your account and wipe you out?
 
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