Business Owner Let A 'Game' Turn Into $300K In Cash Sitting In His Home. 'Ramsey Show' Hosts Tell Him Not To Bring It To The Bank In A Duffel Bag

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Mar 11

A 50-year-old business owner from Chicago realized something unusual about his finances: he had about $300,000 sitting in cash inside his home. What started as a simple saving habit slowly turned into...

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'Ramsey Show' Hosts Tell Him Not To Bring It To The Bank In A Duffel Bag","media":"Benzinga_recent_news","content":"<div>\n<p>A 50-year-old business owner from Chicago realized something unusual about his finances: he had about $300,000 sitting in cash inside his home.\nWhat started as a simple saving habit slowly turned into...</p>\n\n<a href=\"https://www.benzinga.com/personal-finance/management/26/03/51190244/business-owner-let-a-game-turn-into-300k-in-cash-sitting-in-his-home-ramsey-show-hosts-tell-him-not-to-bring-it-to-the-bank-in-a-duffel-bag\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Business Owner Let A 'Game' Turn Into $300K In Cash Sitting In His Home. 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'Ramsey Show' Hosts Tell Him Not To Bring It To The Bank In A Duffel Bag\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-11 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/personal-finance/management/26/03/51190244/business-owner-let-a-game-turn-into-300k-in-cash-sitting-in-his-home-ramsey-show-hosts-tell-him-not-to-bring-it-to-the-bank-in-a-duffel-bag><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A 50-year-old business owner from Chicago realized something unusual about his finances: he had about $300,000 sitting in cash inside his home.\nWhat started as a simple saving habit slowly turned into...</p>\n\n<a href=\"https://www.benzinga.com/personal-finance/management/26/03/51190244/business-owner-let-a-game-turn-into-300k-in-cash-sitting-in-his-home-ramsey-show-hosts-tell-him-not-to-bring-it-to-the-bank-in-a-duffel-bag\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HBCP","symbol_name":"Home Bancorp Inc","start_time":0,"source_url":"https://www.benzinga.com/personal-finance/management/26/03/51190244/business-owner-let-a-game-turn-into-300k-in-cash-sitting-in-his-home-ramsey-show-hosts-tell-him-not-to-bring-it-to-the-bank-in-a-duffel-bag","article_id":"2618298329","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/03/11/Stack-Of-Dollars-And-Cash-With-A-Money-B.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/personal-finance/management/26/03/51190244/business-owner-let-a-game-turn-into-300k-in-cash-sitting-in-his-home-ramsey-show-hosts-tell-him-not-to-bring-it-to-the-bank-in-a-duffel-bag","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2618298329","pubTimestamp":1773242100,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"A 50-year-old business owner from Chicago realized something unusual about his finances: he had about $300,000 sitting in cash inside his home.What started as a simple saving habit slowly turned into a massive pile of cash, Stewie explained recently on “The Ramsey Show.”“It started as kind of a game 10 years ago,” Stewie said. “I save $100 bills and I just save. I don’t know.”Stewie told hosts Jade Warshaw and Ken Coleman that he runs a self-employed agriculture business that often handles cash. Instead of depositing everything, he began setting aside $100 bills as a personal challenge.“At one point I decided, you know what, I like cash,” he said. “I’m going to keep it around and it got out of hand.”They suggested holding around $100,000 in savings and investing roughly $600,000 into long-term mutual funds or","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HBCP":"Home Bancorp Inc","BK4195":"互助储蓄与抵押信贷金融服务","BK4211":"区域性银行"},"translate_title":"企业主让一个“游戏”变成了坐在家里的30万美元现金。“拉姆齐秀”主持人告诉他不要把它放在行李袋里带到银行","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HBCP":1.5},"content_text":"A 50-year-old business owner from Chicago realized something unusual about his finances: he had about $300,000 sitting in cash inside his home.\nWhat started as a simple saving habit slowly turned into a massive pile of cash, Stewie explained recently on “The Ramsey Show.” \n“It started as kind of a game 10 years ago,” Stewie said. “I save $100 bills and I just save. I don’t know.”\nOver time, the habit grew much larger than he expected. “I realized I’ve got about $300,000 in my house,” he said. “I’m unsure of what to do with it. Do I take it to the bank? Is it okay?”\nStewie told hosts Jade Warshaw and Ken Coleman that he runs a self-employed agriculture business that often handles cash. Instead of depositing everything, he began setting aside $100 bills as a personal challenge.\nEventually the “game” snowballed.\n“At one point I decided, you know what, I like cash,” he said. “I’m going to keep it around and it got out of hand.” \nThe surprising part was that the $300,000 at home wasn’t his only savings. Stewie also had about $400,000 sitting in a high-yield savings account.\nThat means he was holding roughly $700,000 almost entirely in cash.\nTrending: Most founders obsess over the wrong hires. See the 5 startup roles that actually determine whether a company scales or stalls.\nWhat he didn’t have, however, was any retirement investing.\nWhen Coleman asked if he had a 401(k) or IRA, Stewie responded: “I never have.”\nThat raised concerns for the hosts, especially considering Stewie just turned 50.\n“There’s going to be a time where you don’t want to go into work,” Warshaw told him. “And you need to have a nest egg of money to draw off of.”\nShe explained that cash sitting idle doesn’t grow and actually loses purchasing power over time because of inflation.\n“When it’s at home, there’s zero compounding interest,” she said. “As a matter of fact, it’s almost negative because inflation is depleting the value of your money.”\nThe hosts also tried to understand why Stewie never invested despite building significant savings.\nThe answer appeared to come from family history.\n“I’m fearful of the stock market,” Stewie admitted. “My grandpa told me stories of hardship during the Depression.”\nWarshaw said those kinds of stories can shape beliefs about money for decades.\n“All of that stuff starts to build up and it starts to inform our view,” she said. “But we do have to challenge it and ask if it’s actually true.”\nSee Also: Think you're saving enough for your kids? You might be dangerously off — see why\nTo show what investing could do, Warshaw walked Stewie through a basic example. If he invested $300,000 and continued saving $500 per month with an average 10% annual return, the money could grow to about $1.89 million by age 67.\n“It seems hard to believe,” Stewie responded.\nThe hosts’ recommendation was simple: keep some cash for emergencies and invest the rest.\nThey suggested holding around $100,000 in savings and investing roughly $600,000 into long-term mutual funds or index funds.\nColeman also gave practical advice for dealing with the massive cash stash.\n“I would go talk to my local bank and say, ‘Here’s what I’ve done. Help me do this the most secure way,'” he said.\nAnd he offered one humorous warning.\n“I would be very careful about how I transported the 300,000 in cash in the bank,” Coleman added. “If some dude rolls into your local bank with a duffel bag, you’re like, there’s cash in that bag.”\nThe hosts ultimately praised Stewie for his discipline in saving money. But they said letting hundreds of thousands of dollars sit in cash prevents it from growing.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}