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Banking Explained In Simple Terms [Pic]

submitted by: kitteh9lives
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Banking Explained In Simple Terms [Pic]. A concept so stupid that only a child would fall for it... right?
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Hits: 21488 | Favorites: 8 | Emailed: 4 | Rating: 3.1 | Category: Lifestyle | Date: 12/06/2011
 
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beggy2differ
Male, 18-29, Southern US
 7 Posts
Sunday, December 11, 2011 10:51:45 AM
Yes you can keep your money at home, and then be subject to the "poverty tax". If you do everything by cash or money order you have to cash your check somehow. Businesses often charge money for that service, so you pay to use your own money. Also some businesses don't accept cash as payment anymore, for example my apartment.

QualityJay
Male, 18-29, Southern US
 303 Posts
Thursday, December 8, 2011 2:42:41 PM
You're free to keep your cash at home...

Mantistador
Male, 18-29, Western US
 2207 Posts
Thursday, December 8, 2011 10:51:42 AM
dont like it? keep ur money at home and risk it being stolen one way or another... the difference here is it takes much longer for all of it to be stolen in a bank

patchgrabber
Male, 30-39, Canada
 5753 Posts
Thursday, December 8, 2011 9:25:25 AM
and has less to do with Banking


Bank fees have little to do with banking? That's news to me.

Cajun247
Male, 18-29, Southern US
 10591 Posts
Thursday, December 8, 2011 6:58:18 AM
@jtrebowski

...and that DOESN'T bother you?

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