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- So my goal in this video is to convince you, in the next five minutes, why the bank is a terrible place for your money, and Im also going to provide you guys with a much better option than just putting your money into the bank and letting it sit there. So, this is a concept that is nothing new. A lot of people have known this for a very long time, that, thanks to something called inflation, leaving your money sitting in the bank is actually a terrible option when it comes to preserving the purchasing power of your money. And mainly what I wanna do here is explain this concept in case this is something you have never learned before. So if you are learning this for the first time, please drop me a comment down below just so Im aware of how many people never heard of this concept before. Or understood that youre losing the buying power of your money thanks to inflation. Now, real quick, before I get into the video, I wanna give a quick shout out to Jeff Rose because he inspired this