The WAR on CASH | What Side Are YOU on?

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3 years ago
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Websites shown in the video…
https://www.forbes.com/sites/steveforbes/2016/03/01/the-great-cash-grab/?sh=27f86edb4aed
https://www.investopedia.com/terms/b/bank_secrecy_act.asp
https://www.investopedia.com/terms/s/suspicious-activity-report.asp
https://abcnews.go.com/Politics/biden-admin-backs-tracking-bank-accounts-600-annual/story?id=80665505
https://www.cbsnews.com/news/irs-bank-account-update-change-treasury-10000-dollars/

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00:00 - Intro
00:58 - Are you for or against cash?
01:19 - Why we still need cash.
02:50 - Digital currency is convenient.
03:39 - Forbes article about the war on cash.
06:57 - Bank Secrecy Act.
07:29 - Suspicious Activity Report.
09:28 - Biden Admin backs down on tracking bank accounts with over $600 transactions.

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The videos on this channel are for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. As such, it should
not take the place of consulting with a certified financial planner, CPA (or other tax professional), legal, or other financial advisor. While we try to provide accurate and timely information, it may not be suitable for your specific personal scenario or specific circumstances. I am a financial professional but without knowing your specific information you should consider what you learn here as general advice. If you want specific advice and coaching please contact us at [email protected]. I am not a tax, legal or investment advisor representative.

Our coaching is based on the data and research found in the books The Millionaire Next Door, The Next Millionaire Next Door, and The Millionaire Mind by Thomas J. Stanley and Sarah Fallaw. It is also based on 20 years of my personal experience working with money.

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