What do you prefer, paper or plastic? Every day more and more people are putting their money in banks instead of keeping cash. I honestly think that one day there will be no more cash, just credit and debit cards. Some employers have actually stopped handing out paychecks and instead, they give you a prepaid debit card and put your check on it everytime you get paid. Or you also have the option to set up direct deposit to your own bank account, you don't have any other choice but to use plastic to access your money. My job does that and I think it is completely ridiculous.
I don't trust banks at all. If everyone stops using cash and only uses paper that will give the banks ALL control. What happens if our economy goes in the hole and the banks just shut down all bank accounts? A lot of people have ALL of their money in banks and if that happens, there it all goes.
With that said, how do you feel about everyone turning to bank cards instead of cash? Do you trust a bank with all of your money? If you don't, would you ever?
Jessica Sherman-Corbett (10:00)