In today's rapid development of science and technology, the smartphone is like a magic wand in the hand, thoughtfully tapping the screen, and the virtual numbers in the bank card are turned into real cash in the hand with a sweep. Then, you turn around and put that cash in the safe at home, and everything that happens in the 21st century seems to take you back to a traditional time a few decades ago, when people were content with every inch of land and saved money under the covers.
But is this really a conservative, contrary pragmatic act?For most people, transferring money into their homes is not just a change in the way they save, but also a reflection of people's thinking and understanding of financial security, economic freedom, and the future of the economy. Turning the money in the bank card into banknotes and saving it, this phenomenon is regarded as a strange phenomenon, let us ** the deep meaning behind it.
First, let's take a look at the stable position of cash storage on the main battlefield of digital payments. Nowadays, whether it is Alipay, WeChat Pay, or other digital payment tools, the main payment tools, occupy an increasingly important position in our lives. Even so, cash still retains its irreplaceable advantage. Cash is accessible and authentic, and the heavy feeling tells you that this is money, and this upright string-like sense of reality is irreplaceable by digital currency.
Despite the infinite convenience that digital payments have brought us, imagine that when electrical appliances are not available, the network signal is gone, or the financial system is paralyzed, your funds will be completely blocked. In this case, the cash that is still circulating in the market is the medium that has real value and function.
Wherever we are, we can trade with cash as long as we have the right counterparties, and this advantage is especially prominent in countries and regions where the economy is backward and the financial system is not yet mature. In these places, the banking system is not widely trusted and there may be security concerns, so cash storage is more reasonable.
Second, for those common financial or economic turbulence situations, cash has an immeasurable safe-buffer. In the risky financial market, holding a portion of cash is like holding a "fuse" that can effectively protect our assets and provide you with quick and timely assistance in the event of an emergency.
Cash is also an important asset allocation method, and because of its actual value, it is not as susceptible to market volatility as other venture capitals. Especially those who don't know much about the banking system and digital currencies, or who are poor learners and don't have strong hands-on skills, such as the elderly, can easily manage and stay on top of their cash, which can be of significant help in the event of an emergency.
However, whether it is stored in cash, or stored in a bank, both have their own unique advantages and potential risks, and we must calmly weigh the pros and cons of both before making decisions.
First of all, from a security perspective, the biggest risk of storing cash is that it is highly vulnerable to theft and damage. Large amounts of cash are very dangerous to keep without adequate security. Once lost, it is difficult to trace and retrieve it. In contrast, bank accounts are much more secure, and only a password or biometrics can be used to effectively protect the account from unauthorized use.
In addition, cash deposits require special conditions, such as moisture-proof, dust-proof, abrasion-proof, etc., and long-term storage may damage the banknotes or even lose their use. However, even so, cash reserves are still a safe and reliable option for those who have a high demand for cash, direct cash payments for consumption, and low acceptance of digital payments.
In fact, whether you decide to save cash or keep money in the bank, it is important to compare and analyze the two savings methods and understand the risks and benefits of each, so that you can make the decision that best meets your actual needs and goals.