3 ms·
That’s not quite how payroll works
by kapilvt 4y ago
That’s not quite how payroll works
- bluGill 4y agoRight, but gp was talking about people not businesses
- tempsy 4y agono i wasn’t. i said an individual could easily have $250k in cash to show you that it is not a significant amount of money from a business perspective. nothing about what i said referred to keeping $250k in a non interest bearing account as being a smart decision for an individual
- bluGill 4y agoI'm confused then. What individuals keep 250k in cash? How does individuals have any bearing or relevance to businesses?
- dheera 4y agoSVB is likely mostly business accounts.