US EditionApangan Lessons: Always Keep some Physical Money
4 Articles
4 Articles
The Bank of Portugal has studied the behaviour of citizens during the April electricity strike and recommends that we always keep some physical money.
The Bank of Portugal (BdP) recently issued a recommendation that has generated debate: to keep some money alive at home. But finally how much money should we have? The guidance comes from the Iberian appano that...
Gustavo Silva, a lawyer and former inspector of the Judicial Police, says that, despite the number of thefts in residences in Portugal in recent years, there were about 12 thousand last year. "It means that every day there are 33 homes occupied." The purpose of the Portuguese Bank's recommendation that families have live money at home for care, the guest says that "no one in their perfect trial will recommend having a high amount"
Some European countries recommend between 70 and 100 euros per family item, or the equivalent for essential expenditure for 72 hours. PSP is alert to the risk of having a lot of money at home.
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