Why Keeping Over THIS AMOUNT In a Bank Is a Huge Mistake

Save 20% on Brilliant’s annual Premium subscription https://brilliant.org/Nischa Join the waitlist for my Investing Accelerator https://nischa.me/investingbootcamp/ My favourite savings account https://nischa.me/plum Discover why leaving too much money “safe” in the bank is actually one of the most dangerous financial mistakes you can make - and what to do instead. Disclaimer: In the UK, FSCS protection covers up to £85,000 per person, per authorised bank or building society. Some banks share the same licence, so your limit may apply across more than one brand. In the US, FDIC protection covers up to $250,000 per depositor, per insured bank, per account ownership category (for example, individual, joint, or retirement accounts can each have separate coverage). This video is for educational purposes only and is not financial advice. MY PRODUCTS: 📶 Intentional Spending Tracker (free): https://nischa.me/ist 📙 Financial Wellbeing Toolkit: https://nischa.me/plan MY FAVOURITE APPS: 📈 Free fractional shares worth up to £100 (enter code 'NISCHA'): https://nischa.me/trading212 💰 Investing Platform US (Webull): https://nischa.me/webull 📊 Welcome bonus of up to £50 when you invest at least £100: https://nischa.me/investengine 🟣 Best ISA and savings accounts: https://nischa.me/plum CONNECT WITH ME: 🌍 My website: https://nischa.me 📸 Instagram: https://www.instagram.com/nischa.me TIMESTAMPS: 00:00 Intro 01:00 Cash is the laziest worker 02:55 But about emergencies? 04:43 It feel like spending money 06:53 Insurance won't cover you 08:45 You become more of a target 12:24 What to do with your money instead? 🧡 DISCLAIMERS & DISCLOSURES This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involve