Safety Deposit box worth it
Is it worth getting a safety deposit box for my passport, some jewelry, documents, etc? For those who have had one in the past but cancelled it, why? For those who refuse to get one, why? tc: 165k
A fire is more common than a robbery. If you don’t have a fire safe, or live in a multi-unit building where the chance of fire goes up, a box can make sense. Otherwise, get a good fire safe.
Not a good idea to store a passport in a safety deposit box. It cannot be accessed after hours and weekends if needed for urgent or unplanned travel.
never thought about that. great point
Nah just a get a safe to put that stuff in there. Put a handgun in there too while you're a it.
It's around $60 a year when we cancelled it. Most of the things in there were sentimental value more than worth lots of money. It's only worth it if you have high end jewelry or watches. Take it out for your event and then put it back later.
Yes
Google it. Safety deposit boxes are not as safe as you'd think. If you own your home you can look to install a safe that is burglar proof (heavy and anchored to the ground).
Agree with this, make it hidden too so they don’t make you open at gunpoint
Why not store digital assets in cloud? Use Box.
Make an NFT of your passport, jewelery and documents and store on box
Whats the value (or perceived value) of the goods you want to store? ring worth 1mil? Yes. 1k ring? No
more concerned for important documents, passport, SSD with lifetime of family photos, etc. Not much monetary value but a lot of important/sentimental value. But i guess to me it’s priceless