Cash Crisis? The Need for Paper Money in a Digital World
Автор: Rick Kahler
Загружено: 2024-09-19
Просмотров: 11
Описание:
In today’s digital-first world, it’s easy to think of cash as irrelevant. However, the July CrowdStrike software failure proved just how dependent we are on digital systems—and what happens when they fail. The disruption halted financial transactions, grounded flights, closed major retailers, and even forced investment firms to suspend trading. ATMs saw a 30% spike in withdrawals, as people rushed to get physical cash. Here's why keeping cash on hand might still be a smart financial move in our increasingly digital age.
Rick Kahler, CFP, is a fee-only financial planner and financial therapist with a nationwide practice based in Rapid City, South Dakota. His co-authored books include "Coupleship Inc.” Learn more at http://www.kahlerfinancial.com.
#cash #wallet #crowdstrike #software #transactions #financialplanning
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