What If Everyone Tried to Take Their Money Out of the Bank? 🏦💸

You check your banking app and it says the money is there… but is it actually? 👀 In this episode of Mark$plainittome, Carly asks a slightly terrifying question: what would happen if everyone decided they wanted to withdraw their money from the bank at the exact same time? Mark explains where your money actually goes when you deposit it, why banks don’t keep everyone’s cash sitting in a vault, what a bank run is, and what happens when people suddenly lose confidence in a bank. Basically… does the bank actually have your money? 😳 Another finance topic explained without the confusing jargon — because Carly has the questions, and Mark$plains it. 🎙️💰