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financial risk

The Importance of Having More Than One Bank Account

July 25, 2024 by Simple Finance Bytes

When it comes to managing your finances, having more than one bank account is crucial. Many people rely on a single bank or credit union, but this approach can be very risky. Let’s delve into why having multiple bank accounts is wise from a risk diversification perspective, with real-world examples to illustrate the potential dangers. … Read more

Categories Banking, Financial Independence, Preparedness, Saving Tags bank account, credit union, diversification, financial independence, financial risk, saving, Simple Finance
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