Rob talks about the terrifying situation he has heard about from a friend and the impact this could have on all of us in our cash, bank and money use.
KEY TAKEAWAYS
- Rob’s friend had an ordeal trying to simply withdraw 20k of his own money from his bank.
- Most people believe that having money in a bank is safer, but this isn’t true anymore.
- The other pros we have been told about having money in the bank is from interest reasons and easy liquidity, but neither of these are the case anymore.
- The banks want to make it hard for you to take your money out because they earn on your money.
- Diversify where you put your money, don’t just keep it all in the bank.
BEST MOMENTS
“You don’t own your money in the banks”
“You’re actually losing money in the bank”
“You want to make sure that you're as decentralised as possible”
VALUABLE RESOURCES
bit.ly/Robsupporter
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979