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948: Complementary Redundancy

Radical Personal Finance

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How to Plan Out Your Banking Infrastructure

With those three methods that I've described, you're pretty much always going to be able to buy something. Two is one, one is none, three is a guarantee. And I want complimentary redundancy. Now you go through other areas. So I think about this with regard to bank accounts. But I don't want to just have three bank accounts all at the same kind of bank. What's the point? They're all the same. All basically offer the same set of products. The difference between a bank, which is a for profit entity, and a credit union,. Which is a not-for-profit entity run for the benefit of its members.

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