IMHO, a few hundred dollars travelling money in the house might have saved lives during Katrina. Depending on the size of your family, I'd say to keep anywhere from $400-1000 in the house. Like Disneysteve, it's the last thing I'd worry about during a break-in. A house-safe is not a bad idea. You are wanting enough cash to get you away from any possible natural catastrophe or other disastrous events, where other family could kick in or you could make use of CCs or debit cards. There are times when only cash is king.
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