Banks Aren’t Your Friends

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There is that person in everyone’s life. ‌No matter who it is, like a relative or friend, we do not want to lend money to them. Why? ‌Because‌ ‌we‌ ‌know‌ ‌we won’t be repaid if we lend them money. After‌ ‌all,‌ ‌who‌ ‌in‌ ‌their‌ ‌right‌ ‌mind‌ ‌would‌ ‌loan‌ ‌someone‌ ‌money‌ ‌if they didn’t‌ ‌have‌ ‌any cash‌ ‌on‌ ‌hand? They don’t have a rainy day fund. ‌Their emergency fund is non-existent. And, they have zero reserves. So why would you put yourself through this? Well, the same idea applies to keeping all of your money in the bank. Bank’s Primary PurposeThis is‌ ‌a‌ ‌simple‌ ‌question. ‌W…

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