From Nasdaq Corporation

April 21, 2025 4:01:00 pm:

A survey by Piere reveals the average American stores $544 in cash or valuables at home.

Storing cash at home can be risky due to lack of insurance coverage and opportunity costs like losing value to inflation.

It’s best to store cash in a bank or credit union, offering FDIC or NCUA insurance, or consider high-yield savings accounts or CDs for higher interest rates.

For storing coins or valuables, document and consider a fireproof safe or a safe deposit box at a bank.

When storing crypto, use reputable exchanges or devices like cold wallets for larger amounts to prevent hacking risks.

Read more at Nasdaq: The Best and Worst Places To Keep Cash, Coins, Crypto and More