Which is why I keep very little in a bank. I get paid and the money leaves the account. I do not trust banks not to at some point hand over everyone’s dough.
Agreed. Mine is SS so 'automatic' in - but I take out all but monthly bill $$ wich I pay by check.
Am considering taking all out and paying bill with MO's
Can someone tell me the advantages of a credit union over a regular bank? Is your money, privacy safer in a CU? (Not that I have enough to amount to much - but it's all relative -
I have a brother that feels the same way very little in his account.
Money in the bank is, as a matter of law, the bank’s money, not yours. Your account gives rise to a claim on a certain amount of the bank’s money.