Mandi Money is here to breakdown the silicon valley bank collapse and if we should be concerned or not! Mandi breaks down what FDIC insurance is and how that protects us from losing our money in banks. She goes on to explain that the wealthy investors in Silicon Valley are taking a big risk by keeping more money in SVB that is insured by the FDIC. Mandi assures us that as long we keep under 250k cash limit in our checking account, we are safe!

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Mandi Money is here to breakdown the silicon valley bank collapse and if we should be concerned or not! Mandi breaks down what FDIC insurance is and how that protects us from losing our money in banks. She goes on to explain that the wealthy investors in Silicon Valley are taking a big risk by keeping more money in SVB that is insured by the FDIC. Mandi assures us that as long we keep under 250k cash limit in our checking account, we are safe!Drop us a note at brownambitionpodcast@gmail.com or hit us up on Instagram @brownambitionpodcast. Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

The Brown Ambition Podcast helps you unapologetically build wealth by saving, investing and making smart career choices — on your own d@mn terms! New episodes Wednesdays and Fridays.

Money and career advice for women of color, by women of color

Brown Ambition

Ep 350: Should I Freak Out About the SVB Bank Collapse?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/19187689-6364-40c5-bc6b-b2aa012ef85b/transcript

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