Where to store savings?

Rog_Jones_75

Morning my friends.

What is the best way to hide (not sure if that's the correct term) your savings from a government body so they cannot debit your account for example if they believe you owe them money..... when you dispute it.

Trying to rack my brain and struggling so after some ideas.

Thanks.

InvestInPoker

Rog_Jones_75 wrote: »

What is the best way to hide (not sure if that's the correct term) your savings from a government body

Do not even try.

Rog_Jones_75

InvestInPoker wrote: »

Do not even try.

Good answer lol

joeblags

remove from your account but don't spend it incase you find out that you "do" owe the money lol

kingrulzuk

Rog_Jones_75 wrote: »

Morning my friends.

What is the best way to hide (not sure if that's the correct term) your savings from a government body so they cannot debit your account for example if they believe you owe them money..... when you dispute it.

Trying to rack my brain and struggling so after some ideas.

Thanks.

Best to put the money overseas where you can earn good %

badger09

Rog_Jones_75 wrote: »

Morning my friends.

What is the best way to hide (not sure if that's the correct term) your savings from a government body so they cannot debit your account for example if they believe you owe them money..... when you dispute it.

Trying to rack my brain and struggling so after some ideas.

Thanks.

What are you trying to hide?
From whom?
What do they believe you owe, and why?

I have never heard of any government body which arbitrarily accesses your bank account and removes funds from it.

colsten

Judging by his other posts, OP seems to have some concerns about child support payments (which he says are up to date) and that more money might be taken from him if he has additional income or savings. So he isn't really trying to hide the money from government bodies but from his child.

I am out.

[Deleted User]

Rog_Jones_75 wrote: »

Morning my friends.

What is the best way to hide (not sure if that's the correct term) your savings from a government body so they cannot debit your account for example if they believe you owe them money..... when you dispute it.

Trying to rack my brain and struggling so after some ideas.

Thanks.

Gold, silver, other precious metals. Buy them cash. Leave no paper trails. Store in a safe place.

And yes, they are savings.

jennyjenssen1990

Safest way to hide is store your money is to invest them, in this way you will not have to worry about hiding them from anybody.

jimjames

badger09 wrote: »

What are you trying to hide?
From whom?
What do they believe you owe, and why?

I have never heard of any government body which arbitrarily accesses your bank account and removes funds from it.

In the UK anyway. I think effectively that's what happened in Cyprus.

HSVX

kingrulzuk wrote: »

Best to put the money overseas where you can earn good %

http://www.investopedia.com/terms/u/uncoveredinterestrateparity.asp