🫵🏾 Wayne DuPree

@WayneDupreeShow ↗

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Last Checked Feb. 20, 2023

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Sun Feb 12 16:22:03 +0000 2023

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🫵🏾 Wayne DuPree @WayneDupreeShow

How much cash do millionaires keep in the bank? Studies indicate that millionaires may have, on average, as much as 25% of their money in cash. This is to offset any market downturns and to have cash available as insurance for their portfolio. — PolitiTweet.org

Posted Feb. 12, 2023

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🫵🏾 Wayne DuPree @WayneDupreeShow

How much money do banks hold in cash? Banks tend to keep only enough cash in the vault to meet their anticipated transaction needs. Very small banks may only keep $50,000 or less on hand, while larger banks might keep as much as $200,000 or more available for transactions. — PolitiTweet.org

Posted Feb. 12, 2023

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🫵🏾 Wayne DuPree @WayneDupreeShow

As of Dec, 64% of Americans were living paycheck to paycheck, according to a recent LendingClub report — up from 61% a year earlier and in line w/the historic high first hit in Mar 2020 — PolitiTweet.org

Posted Feb. 12, 2023