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https://fortune.com/2022/05/23/record-number-american-households-400-dollar-emergency-savings/ https://fortune.com/2022/05/23/record-number-american-househ...

by smcl 4y ago

https://fortune.com/2022/05/23/record-number-american-households-400-dollar-emergency-savings/ https://fortune.com/2022/05/23/record-number-american-househ... That wouldn't be a problem for the majority of Americans

astrange 4y ago
If you go over $250k, you can just open accounts at other banks to keep being insured. Or get your own insurance I suppose.
- smcl 4y ago
  My point was that if many would struggle to put together $400 in cash, they’re likely unaffected by a $250k upper limit on insured deposits