Posts Tagged savings accounts
Keep your money under the mattress, literally!
If your life’s savings haven’t yet had a “Cyprus haircut”, then get your money out of the banks and under your mattress before thy do!
The mattress safe – the latest way to bank with confidence
One Spanish business has hit upon a novel update to an old idea to bypass the country’s banking crisis – a mattress in which you can stash your hard-earned euros
Is your money safe in the bank? Obviously not if you deposited large sums in Cyprus – where the decision to raid savings accounts has rung alarm bells in other countries teetering on the bank bailout high-wire.
But what else can you do with those hard-earned pounds, euros or – for Russian tax-dodgers and mafiosi – roubles? Stuffing them under the floorboards or your mattress is hardly a secure option.
Step forward La Caja de Ahorros Mi Colchón, My Mattress Savings Bank, a novel Spanish business that provides you with a mattress that has a safe hidden inside the springs.