July 2012 Bonus Issue - Page 22

Americans Prefer Storing Money in a Home Safe over Bank Account By Stacey Bumpus A new report from the Wall Street Journal’s Smart Money revealed a new trend in storing cash. Many Americans, exhibiting reduced trust in the financial sector, are walking away from the traditional bank account, preferring instead to store their money in a home safe. The Home Safe Gaining Popularity The home safe has always been an option for people to store their money. However, with local banks and credit unions becoming prevalent centuries ago, more Americans commonly store their cash with financial institutions. However, the downfall of the financial sector and dwindling trust in mega-banks tied to one Wall Street scandal afte ȁ…Ή½Ρ‘•Θ‘…Ω”½ΉΝΥ΅•ΊɕٕΙΡ₯Ήœ‰…¬ΡΌΡ‘”‘½΅”Ν…™”…́„Ν•ΥΙ”έ…δΡΌΝΡ½Ι”Ρ‘•₯ȁ΅½Ή•δΈQ‘”Ι•Α½ΙЁ™½ΥΉΡ‘…ЁΑ•½Α±”…Ι”Ή½Π½Ή±δέ₯±±₯ΉœΡΌΝΑ•ΉΡ‘½ΥΝ…Ή‘́½˜‘½±±…ΊѼ‘…Ω”Ν…™•Μ₯ΉΝΡ…±±•₯Έ‰•™Ι…΅•Μ½Θ…‘‘•…́•ΉΡ₯Ι”έ…±°ΥΉ₯ΡΜ°Ρ‘•δ…Ι”Ρ…­₯Ήœ•αΡΙ„ΝΡ•ΆѼ΅…­”Ρ‘”Ν…™•Μ…ΡΡΙ…Ρ₯Ω”‰δΙ•…Ρ₯ΉœΝ΅…±±•ΘΥΝΡ½΄ΥΉ₯Ρ́΅…‘”½˜΅…Ι‰±”½Θ±…ɝ•Θ½Ή•ΜΡ‘…Ё‘½Υ‰±”…́±ΥαΥΙ₯½Ύ݅±¬΅₯Έ±½Ν•ΡΜΈ((Δΰ()Q‘”EΥ…ΙѕȁI½±°)Υ±δ€ΘΐΔΘ((0