Before we discuss the best safes for home use, and the pros and cons of using each, let us elaborate more on why it is considered a necessity to have a safe in your home.
Safes are ideal places for storing valuable items, like cash, jewelry, keys, and the like. Safes, or safety deposit boxes, are good investments because they’re fireproof, are impossible to carry outside the home in the case of robberies (because of their heaviness), and best of all, can only be operated and/or opened by you.
However, as you may already know, safes are limited in size and can be costly, depending on the kind of safe you’re planning to buy. We’ve listed some of the most common safes ideal for home use and discuss the pros and cons of each.
Electronic Fire Safe
An electronic fire safe is fireproof and uses a digital code combination that you have to input for it to open. Aside from being incredibly heavy duty, electronic fire safes are bigger in terms of space, but they can also be very expensive. Walmart sells a 1.2 cubic foot safe for about $170.
The only disadvantage of using an electronic fire safe is you run the risk of forgetting the code, making it virtually unopenable (unless you destroy it).
A cash box, on the other hand, is a lot cheaper, but as the name goes, is only ideal for storing cash you would otherwise leave lying around in your house. They’re lighter and more portable, and can be opened using lock and key. Walmart sells a 10-inch cash box for $10.
Cash boxes are ideal for storing valuable coins and bills, but that’s just about how far they go.
Combination Fire Safe
The only difference between a combination fire safe and electronic fire safe lies in the way it is opened. A combination safe is opened in the same way you would open a locker and is much cheaper than its electronic version. It’s also fireproof and heavy-duty, and is valued at around $80.
A file chest, much like a cash box, can be opened using lock and key, is both waterproof and fireproof, a lot cheaper, and is also heavy-duty. File chests are ideal for storing important documents like marriage and real estate contracts, check books, and other items you wouldn’t want soggy or burned. A 0.62 cubic foot file chest costs $47.
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