Money safes – the modern (and safer) equivalent of putting money under your mattress. The concept of keeping your money within your home has been around for a while, but long are the days of storing cash away in obscure places. With technology’s advancements, people can now safely and securely store their cash and valuables in residential money safes.
In this article, we’ll review some of the benefits of keeping money safe and give you some considerations to consider when choosing the right kind of safe for you.
Are Valuables Truly Secure in Home Safes?
Safes are now becoming more common in residential homes. They can vary in size, security level, and ability to placed in inconspicuous places. Money safes are generally tucked away in hidden spots so they are not apparent to thieves or anyone who comes to your home. When properly installed by professional locksmiths, your home safe provides unparalleled security, protecting not only your valuables inside but also your peace of mind.
Every household can benefit from having a home safe that is designed with both anti-theft and fireproof features. There are many options when it comes to money safes, from a range of looks and styles. They also can have a variety of built-in features, such as fireproof materials and water-resistant elements as well.
What Are the Benefits of Having a Money Safe
With so many ways to store money in today’s times, you may be wondering what the benefit of having a money safe would be. Having a safe in your home has numerous benefits and advantages over storing in more conventional means like banks.
Ease of Accessibility
Unlike banks or other financial institutions, a money safe is always readily available. You will always have access to funds should you need them immediately. Instead of having to spend time running around, hoping to make it to banks before they close or being restricted by ATMs limits, a home money safe allows you to access all your savings in an instant.
Protection from Theft and Damage
One of the most common reasons homeowners install safes in their homes is to protect their valuables from various threats, whether the threat is intruders, thieves, or even curious children or something environmental like fires or floods.
If you’re going to use your safe to store valuables, especially cash, it’s important to make sure that they have a UL rating. UL ratings mean that a safe has been rigorously tested by Underwriters Laboratories to ensure it has the highest quality level of protection against entry attempts, protection from fire, and other standardized tests.
More Affordable Alternative Safety Deposits or Banks
In the case of most banks, they typically charge opening fees and monthly or annual fees to maintain savings accounts or safety deposit box accounts. But with a money safe that’s within your home, you can avoid these fees entirely. The initial investment of purchasing a safe will be minimal when compared to the total expenses of keeping your money in a traditional bank.
Considerations To Think About When Buying The Right Kind Money Safe
When it comes to selecting the best for your home, there are many factors you may want to consider. Some factors can include considering what you’ll be storing inside your safe, the location you’ll be putting it, the level of security you desire, and more.
Some questions to ask yourself as you consider which money safe is best for you can include:
- What other contents might you store in your safe? Remember that fire rating refers to paper only.
- What level of fire protection do you need?
- What level of burglar protection do you want?
- Do you need your safe to be water resistant as well?
- Where do you plan on placing your safe? Some money safes can be concealed in walls or bolted down to the floor
Find the Right Safe for You at Dial Locksmiths and Safeworld
Homeowners have come a long way from putting in shoeboxes and under mattresses. Money safes provide a safer and more secure way to protect their money and other valuables. With added layers of protection like water resistance and fire protection, money safes are guaranteed solutions to ensure whatever is inside is safeguarded.
Here at Dial Locksmiths & Safeworld, we understand the value of what a safe provides and the value of what is stored inside. Our team of certified professional locksmiths can help you with everything from selecting the right safe to installing it on your property.