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David Adefeso had something very important to say about banks. Check out the clip that he shared on his social media account below.

‘Be wise about where you choose to bank, but don’t be AFRAID to bank. Banks have some amazing benefits, such as direct deposits and bank to bank transfers. 30% of people said they distrust banks, a number that skyrocketed after the 2008 financial crisis. Watch this clip to learn about FDIC insurance and the reasons why you CAN trust your money is safe. Follow @david.adefeso for more #WealthDemystified tips! Wealth Demystified is every Sunday at 2p PST. Click the link in bio to catch up on past episodes,’ David said.

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A post shared by David Adefeso (@david.adefeso)

Someone posted this message: ‘Thanks for sharing Dave! Online #fintech can help a lot of people 💰💰💰’, and one other follower said: ‘Check-cashing services appear to be a ripoff.They charge very high fees just to cash a check. Traditional banks do not charge a fee if you open a checking account.’

One other follower posted this: ‘I’ve noticed that with employees. I’m still puzzled why they don’t have a bank account and they have families. We educate and they learn.’

One other follower said: ‘Thanks for keeping us informed on how to make our money work for us,’ and a commenter posted this: ‘In US? Been seeing videos of cops being called on black people. One had to return with his white boss to get his cheque paid in. I guess people want to be alive. In the UK we have lots of online banks, and you can pay in the post office. I thought you could just take a picture of the cheque to do online banking in the US…..has that been removed?’

A fan posted: ‘Thanks for continuously educating us @david.adefeso 🙌’

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Other than this, David is living his best life following a pretty rough 2020.

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