So in light of the recent scandal behind Wells Fargo and how its employees were able to go into customers accounts and move money around to new accounts, to maintain and upkeep high pressured sales goals, I started thinking how easy it is for banks to fraudulently do things with your account and money without you ever knowing.
My question is, what are the other options besides traditional banks.
Does anyone still believe in stashing away cash or is that too risky for a number of reasons?
Remember what happened last year ? or a couple years ago with Greece when they were going through their financial crisis and people were unable to access their money from banks or ATMS. Eventually they were only allowed to take little by little. That is scary that in a time of crisis the money you have in the bank can be unavailable to you.
I am starting to think about holding a certain amount in cash vs putting all my funds in the bank because in an emergency (national one) banks can shut you off from your funds.
I dunno it is just so sad to see the times we are in as a Nation.