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Reply to "How much cash should you keep in your house for emergencies? "
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[quote=Anonymous]This is an interesting cultural question for me. I'm a white dude and wouldn't care less about cash. My wife, asian heritage, thinks having cash in the house is essential. We, mid-40s, have a NW > 15mm. At my wife's doing, we usually have 2-4k cash (if not more) in the house at any given time. Whenever we have anyone over doing work on/around the house, my wife always asks if there is a cash discount. She always suggests a 10-20% discount on quoted price for immediate cash payment. I'd guess her success rate is around 50%. It is nice that for any babysitter or the like we always have cash. [/quote]
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