Banking concerns and how you can sort through the news hype, understand the actual causes of the bank collapse, and then protect yourself and your personal finances.
On Friday, March 10, 2023, the 16th largest U.S. bank collapsed. Two days later, Signature Bank, another well-known bank that had 40 branches across the country, failed as well.
So with the second and third-largest bank failures in U.S. history happening so close together, you can see why reporters have given the subject a lot of attention over the past few weeks.
But what really happened? And why did it occur? What set of circumstances led to this unsettling situation?
What Really Caused the Recent Bank Collapse?
In Episode 16 of the Plant. Harvest. Prosper. podcast host, Kellen H. Williams sorts through the hype and miscommunication surrounding these bank failures. We invite you to take 15 minutes out of your day and spend it with Kellen as he shares informed insights with you on what went wrong at California-based Silicon Valley Bank (SVB) and New York’s Signature Bank, followed by key steps you should be taking now with your own finances.
Gaining and Maintaining Perspective
Like every episode of the Plant. Harvest. Prosper. podcast, episode 16 is highly informative yet always focused on helping listeners make wise decisions with their money and encouraging them to live purposefully towards prosperity.
As Kellen explains, “We challenge you to define what living a life of significance looks like to you. And we’re here to help you understand how you can use your wealth to achieve that vision.”
Here’s How You Can Watch or Listen to Plant. Harvest. Prosper. Episode 16
Mouse over the “News” tab in the navigation bar and select “Plant. Harvest. Prosper. Podcast.” Or listen to each podcast episode in an audio-only format, on top podcast platforms, including Amazon Podcasts, iHeartRadio, Google Podcasts, Stitcher, Spotify, Apple Podcasts, and others.
