I do some side work from time to time in my garage at home and whenever I do people pay cash and I just stick it in my toolbox. I don’t keep track of it, I don’t really need the money for anything, but yesterday decided to see how much was in there and I was a bit surprised to see it was a bit over 50k usd. I feel like having that much money just sitting around the shop isn’t a good idea. I have about 50k left on my mortgage should I just pay that off? Should I put it in the bank? It’s been accumulating for the past 4 years or so. I’m concerned making a huge cash deposit would raise some red flags.
Submitted May 14, 2023 at 10:22AM by Throw_toolboxmoney https://ift.tt/lh6Avuw
