Banking: Place of Investment or Deposit?

Hello friends how are you? May we all always be given health, amen

For those of you who read my writing, I thank you, and let's support each other, I happen to be a beginner in readcash, so I ask for guidance too. Alright, to start my writing.

As a child, since elementary school we are accustomed to the culture of saving. save from setting aside pocket money given by parents.

The way to save is still the conventional way, namely by saving money in cans or jars or entrusting it to the teacher through a school savings book.

Over time, we were introduced to saving through banking, many banks offer savings programs, saving with a certain interest rate to attract customers to want to invest their money in the bank.

With the lure of high interest rates, it is hoped that by saving some money in the bank, the amount of money will increase.

But did you know that the current banking system has undergone a shift in function. Banking can no longer be used as an investment or savings destination and hopes to get passive income from the interest generated by saving a certain amount of money.

Banking as a Depository

Banking today is more worthy of being called a savings account. Why is that? Because currently many banks impose 0% interest (zero percent) for investments under 10 million. Meanwhile, every month customers are given an administrative burden with a certain value, even customers are given additional fees for transactions, ATM replacement fees, book replacements, and others.

In other words, by keeping a certain amount of money in the bank for a certain time rather than adding to the customer's money, the money in the savings will continue to decrease due to administration.

The era of banking digitalization does not provide benefits for customers, but becomes a burden for savers. In fact, these customers must receive appreciation for the money deposited in the bank.

With customers saving money in the bank, the bank can use it to develop other businesses such as credit, property development and so on.

But the fate of customers on the other hand, they have to spend some money for their investment, banks like placing them as sellers of customer money care services. The customer is positioned as when leaving the motor vehicle in the parking lot. The owner of the vehicle must pay a certain amount of money for the vehicle.

Is this true? Please rate according to the perception of each reader. However, according to the author, if you get extra money by saving in the bank, it seems that this is no longer relevant. Banking is only to facilitate transactions, shopping, transfers, make bill payments and so on.

Hopefully the readers will be wiser and smarter in investing.