Money Confessions: My Parents Dont Trust Banks and Want Me to Hold All Their Money

<p>Welcome back to Money Confessions, a weekly series where you tell us your deepest, darkest money secrets or hot takes. You're joined by Sim and Sonya, two best friends who have *a lot* to say.</p><br><p>This week, Sim and Sonya discuss a listener's money confession about their family not trusting banks and storing their money in the listener's personal account due to being immigrants. Sim and Sonya suggest various solutions, including creating a separate bank account, setting up a family trust, or providing evidence of reputable banks to alleviate their family's concerns. They emphasise the importance of understanding their parents' perspectives and maintaining a balance between helping them and safeguarding their own financial interests.</p><br><p><br></p><p>For more Girls That Invest:</p><ul><li><a href="https://view.flodesk.com/pages/62785b5946c9ddac82189f4d" rel="noopener noreferrer" target="_blank">Sign up for the weekly Stock Market Tea newsletter</a></li><li><a href="https://www.instagram.com/girlsthatinvest/" rel="noopener noreferrer" target="_blank">Instagram</a></li><li><a href="https://www.tiktok.com/@girlsthatinvest" rel="noopener noreferrer" target="_blank">TikTok</a></li><li><a href="https://twitter.com/girlthatinvest?s=20&amp;t=nOWXy4xcmMyEBovE4V_o8Q" rel="noopener noreferrer" target="_blank">Twitter</a></li><li><a href="https://www.facebook.com/groups/620511298746021/" rel="noopener noreferrer" target="_blank">Facebook</a></li></ul><p>'Til next week, team! 💖</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>