A bungee cord system, including, a bungee cord assembly, engaging locks, and universal anchors to safely secure, store, transport, and/or stack packages, containers and the like to surfaces. The bungee cord assembly includes an elasticized cord with first and second ends. An engaging lock assembly is fixed upon each of said first and second ends. The universal anchor includes at least one elongated member having anchor means that removably attach to the bungee cord assembly and/or the engaging lock assembly and/or a solid structure.