Why Banks Are Closing Branches and How to Be Your Own Bank
- Author
- National Media Archives
- Published
- Sat 09 Aug 2025
- Episode Link
- https://the-wealth-equation.podbean.com/e/why-banks-are-closing-branches-and-how-to-be-your-own-bank/
Major banks are rapidly closing branches due to rising online banking trends, with more people managing finances digitally. This shift aims to cut costs for banks but doesn't benefit consumers directly. The episode explores how individuals can take control by adopting strategies like whole life insurance policies to access capital, reduce expenses, and manage their own banking needs, ultimately keeping more of their money and becoming financially resilient.
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