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Honestly, who uses a safe deposit box these days? And what would one use it for?
by r00fus 6y ago
Honestly, who uses a safe deposit box these days? And what would one use it for?
- woofcat 6y agoAny important paperwork, or valuables you want held secure? I have some bars of precious metals, and contracts etc.
- r00fus 6y agoGuess I'm surprised at having a decent personal net worth but nothing irreplaceable other than personal mementos.
- woofcat 6y agoWills, marriage certificates, birth certificates, etc etc. All replaceable sure, however you almost never need to use them and if your home burns down you're going to hate that extra pain in the ass after the fact. I'm sure I could avoid using one, for instance getting a fire safe. However since the bank offers it for free, why not use it? Also, you have the option of offsite storage for any media backups. There is always the "Cloud" however sometimes it's nice to know your wedding photos are in a secure location.
- dragonwriter 6y ago> Honestly, who uses a safe deposit box these days? And what would one use it for? Offsite storage of small, highly value items. Important documents especially (e.g.,.duplicate official copies of birth certificates and similar documents as offsite backup, because getting them from the source can be time consuming, and present chicken and egg problems.)