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6 reasons why you might not want to hold cash in a bank account

Cash should always be safe, liquid and accessible. The point of an emergency fund after all is that the funds should be available whenever we need them. However, it is also important that we are aware of the drawbacks to holding too much cash in our bank account. Although banks are considered to be a safe and convenient option for our money, here are six reasons why you might want to look at other ways to store and grow your wealth

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