Is Your Money Still Safe In The Bank?

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Title	:	Is Your Money Still Safe In The Bank?
Lasting	:	5.34
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Views	:	35 rb

Looking to learn more? Check out this related article from Ramsey: brWhy Your Money Is Safe in a Bank: A Look at FDIC Insurance and What It Covers - bitly/3JCjK8N
Comment from : The Ramsey Show Highlights

I have a large sum of money in checking, and am considering putting sum in a high-yield savings account Woul my money be safe in Synchrony or Ally? Those are the two banks that have the highest yield, or would I be safer with a Brick-and-Mortar Bank?
Comment from : Angela Morris

Took all my money long time ago,no need to worry about the bank anymore,your talking bullshitthere want be enough money to cover everybody’s money
Comment from : Gary Leddy

SIPC covers brokerage etc
Comment from : Steven Hudson

I’m not watching the Ramsey Show while I eat lunch anymore
Comment from : David Milhous Carter

I'm not sure if George misspoke or has his info wrong, but a CD is not separate from other deposit accounts when it comes to insurance Your CD falls under the same umbrella as other deposit accounts(checking, savings)
Comment from : janaleeannemartin

So over 250k they keep?
Comment from : DecalMan

••••••••••••••••••••••••••••••••••••••••••••••••••

is your money safe in the bank?bryour money is already gone lol
Comment from : ••••••••••••••••••••••••••••••••••••••••••••••••••

No no no
Comment from : John Smith

The CBDC is coming to enslave humanity Your buying and selling will be turned off if you don't go along with the mark of the beast system talked about in Revelation 13 And the FDIC is broke people! Wake up
Comment from : Craig

Seek professionals for financial advice
Comment from : goat2014

No to CBDCbrCash is kingbrcentral bank digital currency is a digital currency issued by a central bank, rather than by a commercial bank It is also a liability of the central bank and denominated in the sovereign currency, as is the case with physical banknotes and coins
Comment from : Miz Milz

Peace, love and hollow points
Comment from : Scotty N

Its safe, right up until it isn't Why take the risk?
Comment from : Scottish Outdoors

How long does it take to compensate people by the FDIC?
Comment from : straycat1674

I’d like to know the projected timeline of phasing from cash to digital currency only and what people can do to protect their wealth as things are quickly and inevitably changing
Comment from : straycat1674

NO!
Comment from : Michael Howse

Let's talk about IRA's, 401k's and brokerage accounts for retirementkeep voting for crazy and you won't ever have to worry about losing moneyyou won't have any to worry about
Comment from : Mak Daddy

What’s money anymore Is it even worth face value ?
Comment from : RODley Pumpkins

You MAY get your money back but they can take years or even decades to pay you What's the value of your money after years of inflation?
Comment from : mt8149

Look at what they did in Greece!! Your really really naïve !!!
Comment from : The Chicken Rancher

These two really speak condescendingly to the public Please, only Dave This conceited attitude is off-putting Some people, especially older folks, are scared Show compassion
Comment from : CA Bayern

Nobody has money in the bank Once you turn your money over to the bank, it is now the bank’s money In return, they basically give you an IOU, which they might or might not pay back
Comment from : B-rad -

As far as toilet paper goes just buy a bidet
Comment from : gino turano

Y’all forgot about SIPC too
Comment from : Nursemidratz

3:27 100B to cover 17T in depositsbrbrLong story short, not nearly enough
Comment from : DemRi

Now I'm wishing there was a blog about toilet paper, thanks George
Comment from : East Coast Avs Fan

Until there is a blackout and you can't get any money even if it's insured 🤣🤣🤡🤡🤡 Banks are making harder to get cash go figure
Comment from : Mr Franco

George is such a great teacher! He does a great job explaining this to the average person And Jade brings the mama bear vibe! Love you, Mama Jade!
Comment from : Mary Edge

What savings account earns 3-4?
Comment from : Hay U

With what money
Comment from : JC

Omg Jade it’s “member fdic” not “remember fdic” 😂😂😂
Comment from : Skywakka

Is money safe in money? Were banks ever safe Is money safe in real state with rip off realitor
Comment from : Daisy Karen

The FDIC doesn’t have the money in reserve to pay depositors if multiple banks fail
Comment from : Zack Wheat

Don't trust banks
Comment from : Lucian Racu

Why are you guys not talking about digital currency?
Comment from : Mountain Top Adventures

Well I just learned that if you have $800k in one bank, you don’t have to put that money in different banks For each category of your accounts, add beneficiaries That’s $250k per beneficiary
Comment from : Jade

Okay… What do we need to panic about now? What’s the newest hype? I really want to know…
Comment from : 68 OrangeCrate

And they pay you back in instalments!!!!!brNot one lump sum!!!
Comment from : Summer forever

The real concern is the failure of the USD Its been weaponized and the world is tired of being taken advantage of
Comment from : Ryan Murray

Thx
Comment from : AP

Didn’t BRICS just become predominant?
Comment from : Stacy Kelly

The problem is not when a bank fails It's when multiple banks fail in short order
Comment from : Hector Garza

I don't trust these people they sound like they are trying to passify the masses for the banks
Comment from : Adam Chavez

What happens if all US banks are run on?brbrShould be the first question they attempt to "answer "
Comment from : A G

This show is great for those who bought in and want to get out of debt but not great in the banking/investing advice…
Comment from : Screwdriver Bandit

In a real honest world this all works, but we don't live in that place
Comment from : Barry Etherton

Depends on the bank and depends who's moneyunfortunately
Comment from : David Mansueto

Im surprised they didn't talk about SIPC coverage for brokerages
Comment from : Matt

Isn't the 250k per person on the account? So with my husband and me, we are covered at 500k
Comment from : Carrie Sima

Leaving money in the bank is the worst thing you could do with it!
Comment from : IFC Investor

Haha Very rarely do insurance claims go off without a hitch FDIC is no exception, particularly when dozens of banks fail
Comment from : M Webb

We love you jade
Comment from : Kenny Martin

No
Comment from : VJ S

What they didn’t say was, in a major run on the US banks the 100B the FDIC has access to would go fast leaving many trillions uncovered by insurance
Comment from : Seek 81

Too bad Janet no tellin yellen already said not everyone will be cover in a collapse
Comment from : Kyle Fiedorowicz

Surprised at how many people don’t use water to clean themselves It’s disgusting just using paper brbrIf you got poop on your arm or leg, would you just use paper? No You’d use water as the minimum to wash it off Why would you not apply the same principle for your backside? brbrBarbaric
Comment from : Akib

I'm surprised we are still talking about this Nothing in life is risk free Nothing Get used to it
Comment from : Elizabeth Page

Printers can print fast enough to cover everyone's deposits I think it's better to have tangible assets on hand Get that garden going, raise animals for food etc
Comment from : danclapper626

Probably need 2-3 months emergency fund in cash at the hip pocket national bank and the rest in your local financial institution This being in case your financial institution locks accounts for a time
Comment from : Wyntyr _

The black lady is cringy af
Comment from : Big Herc

😂
Comment from : Reuben Porto

Where does this magical FDIC billions of dollars, that could very well be needed this year, come from?
Comment from : James Brown

They keep repeating you will be covered if you are lower than 250K per person but once that happen, how do I get my money back ? how long ? thru what means ? still better safe than sorry of not going thru FDIC and take matters into your own hand first before it needs to reach FDIC
Comment from : M Bank

Own a gun you can rob a bank Own a bank you can rob the World
Comment from : American SuperTramp

✝️🙏
Comment from : Luke Harris

The Federal Reserve is not Federal and it's not a Reserve Read the book The creature from Jekyll Island
Comment from : George Dewiliby

FDIC in theory is good but not in reality 🤔
Comment from : Sara Benson

what he doesnt say if you have over 250 k you will lose that so haaa ya get that bank run in man if ya a lil wealthydoesnt matter for the bums they fine
Comment from : Pete Hamilton

NO
Comment from : Daniel Habig

in canada we have CDIC which is our version of FDIC, We also have the CIPF that protects Investments, does the states not have their own version of this?
Comment from : Jason Winchester

This sounds like an advertisement for the FDIC
Comment from : Keith Hendrickson

To the viewers these guys have no idea what's gonna happen they need to just stick to the baby steps
Comment from : jay pal

FDIC doesn't have the money necessary to cover the bank failure unfolding currently Let's also remember that FedNow program is designed to eliminate cash Which means you actually lose direct control over how you spend
Comment from : Nicholas Guerrera

That 250k limit needs to be adjusted for inflation It has been 250k for at least 30 years
Comment from : Edward Rhoads

I keep all my money in Goliath National Bank (member FDIC)
Comment from : COMMANDRofAWESUM

George is a sheep
Comment from : Jose Lopez

It’s kinda shocking how often people predict the collapse of the USA I’m still waiting for it to happen 😂 Keep being crazy if you want but I’ll go on with my life
Comment from : Conor Kinsella

Brokerages dotn have FDIC insurance but they do have SIPC insurance which cover investments in a very similar way
Comment from : ike podell

The world is changing The US dollar is being staged to change soon, no one knows how this will happen or what the transition will look likebrbrI choose not to worry about the things of this world Stay prayed up, live right and leave it to the Most High!
Comment from : Shayla Ahava

in two thousand eight, the FDIC almost went bankruptbrSo don't say it will never happen
Comment from : Jimmy McGill

Let’s get real, ain’t nothing safe with this administration running the country It’s a real sh!t show right now
Comment from : Scott Montgomery

I am sure the day will come when the fdic tries to George Bailey people
Comment from : joeriveracomedy

🙈 😜
Comment from : Billy Rock

I mean let’s be real, it’s safe in the bank…until it’s not
Comment from : Dan

You could always use the oneply for kleenex!
Comment from : Margaret heninger

Jokes on the banks I don't have any money in there any way
Comment from : Jason H

0:15 “Oooooh” 😅😅 She’s thinking like “Get this Man a Platinum Record Deal!”
Comment from : Gucci/Thunder

How come no one calls about the Petrodollar currency it is dropping like a stone and cost of living in America is going to be insane
Comment from : Benito Camarillo

I disagree with “that’s why we pay car insurance because we can’t handle the big stuff”
Comment from : SmoothLoafers

INSURANCE doesnt cover sytematic failure they dont have enough cash to cover everything lol
Comment from : Iron Tom

I love when they say dont worrythis could never happen, because it never happened before brbrI mean, the alternative is that people worry and there is a run on the bank and this house of cards falls quicker than protected
Comment from : ZombifyApocoly