Drew White – Why We Don’t Want to Store Money in the Banking System

Drew White, Modern Financial Planner for investors, discusses the pitfalls of keeping US dollars in bank accounts, where to be putting our dollars to retain value, and how we can learn more on the “Bank on Yourself” system.

QUESTIONS DISCUSSED WITH DREW WHITE ON BANKING SYSTEM :

1 Tell us about your background and what drove you to build wealth in real estate?
2 Can you explain to our listeners how the US Banking system works?
3 Why don’t we want to store our money in a bank?
4 Can you how the “Banking on Yourself” System work and resources there?
5 If we should not be storing money in a bank, where should we be storing our cash?
6 What concerns should we have when it comes to liquidity and storing our cash in other assets?
7 What percentage of our savings should be held in cash?
8 What do you project for the US dollar over the next 10 years?
9 Where do you see Bitcoin going by 2030?
10 What’s the best way for our listeners to reach out to you?

 

Checkout Drew White’s LinkedIn Profile for MORE BANKING SYSTEM IDEAS

 

If you enjoyed this podcast episode, checkout our last episode with

Brent Bowers on “The Power of Investing in Land”