7 Hidden Facts About Banks That Super Rich People Know

You might know some but others may surprise you

David O.
The Startup
Published in
7 min readJan 10, 2020

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Photo by Jordan on Unsplash

Schools don’t teach money.

This is one of the major problems we have in today’s society. The gross inequality in income and lifestyle that plagues this world is the result.

Nothing can completely close the gap between the rich and the poor. That is the reality. That gap will always exist as long as this world continues to be. However, the misnomer is the inadequacy of the merit system.

We designed the merit system to allow the best people to rise and thrive. However, the problems begin when that very system blocks the way of some people while it gives others an effortless lift. This happens with the issue of money.

There is no education in schools about money. Part of the reason is if you are really qualified to teach it, you probably won’t be a schoolteacher. Some say it is some powerful organization of people who won’t let this happen. But we all know that if you don’t know how money works, you won’t get far in life.

Banks are the custodians of money in this world. Almost everyone uses a bank one way or another. But not everyone knows how they really operate. You can choose not to care and focus on the broken system of merit…

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David O.
The Startup

Mostly sharing my learnings around money, marketing, and business success. Not financial advice. Think for yourself