By Ken Jorgustin – Modern Survival Blog
What is the reason why people keep their money in the bank? Is it because that’s what they’ve been taught to do…to ‘plug in’ to the system?
Why do we do that, and are there better things to do with one’s excess money than keeping it on deposit it ‘the bank’?
People put their money in the bank, partly because it’s just what they do… it’s what they’ve always done and so they’re going to keep doing it. It’s mainstream. It’s the expected thing to do. It has been programmed into their psyche. It is normalcy bias.