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Stashing cash at home creates headaches for family members

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Oftentimes, members of older generations perceive keeping cash, gold or other valuables at home as safer than keeping them in a bank.

Oftentimes, members of older generations perceive keeping cash, gold or other valuables at home as safer than keeping them in a bank.

ILLUSTRATION: NYTIMES

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After their father died in 2021, Ms Susan Camp and her brother cleaned out his home – and inadvertently threw out US$5,000 (S$6,800) in cash he had wrapped in aluminium foil and stashed in the freezer. (Luckily, they later retrieved it.)

And she was surprised, but not shocked, to also discover US$6,000 in a box that once held a bottle of cologne. “Dad travelled, and he always wanted cash on him,” she said.

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