Stop Keeping ALL Your Money In The Bank

Stop loaning money to your bank when you could be investing and making high returns like they are.

Banking alternatives: https://www.youtube.com/watch?v=SpB4STP_Nio

Educate yourself on how the banking system works, why you need to be concerned about banks federal reserve requirements, and what you need to do to build wealth.
🔎 RESOURCES MENTIONED 👇

🏦Best Online Banks: https://www.goodfinancialcents.com/best-online-banks/
📈Low Risk High Return Options: https://www.goodfinancialcents.com/low-risk-investments-options-high-yield/
📝Fractional Reserve Banking: https://www.investopedia.com/terms/f/fractionalreservebanking.asp
💵Fed Reserve Requirements: https://www.federalreserve.gov/monetarypolicy/reservereq.htm
🔖CHAPTERS 👇

0:00 Intro
0:45 Don't Keep All Your Money in the Bank
1:14 My Background Financial Services
1:44 Bank's Primary Purpose
3:43 How Bank's Make Money
4:52 Fractional Reserve Banking
6:39 Federal Reserve Requirements = ZERO
8:18 Big Deal For Many
9:11 This is Not How You Build Wealth
10:38 Banks Be Playing You
11:43 Banks Do Have a Purpose
12:38 Learn How to Invest
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Видео Stop Keeping ALL Your Money In The Bank канала Wealth Hacker - Jeff Rose