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Hi, I'm Dave.

You have financial goals and my job is to help you get there.

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  • Writer's pictureDave Wallace

Recession Alert! Are Big Banks Going to Fail? Let's Talk About It.

Updated: Jun 23, 2022



There's been a lot of talk about recession lately. Are you wondering if the slowing economy will affect big banks and ultimately your cash in them? If so, stay tuned to this episode.


You may be wondering or maybe you have the family member that keeps screaming at every family barbecue (banks are going to fail - get your money out now!!) So, will big banks fail as they did during The Great Recession? Tune in as Dave puts his experience as a Banker during the Great Recession to use answering the question.


Tune in to The Dave Wallace Show as Dave, an experienced banker and realtor lays out an easy-to-follow guide on how to build an emergency fund including how much to save in an emergency fund.


Watch the full episode at: https://youtu.be/MJ1UFjpWrYU


Pro Tip: Murphy's law states that "anything that can go wrong will go wrong." This is especially true financially, as financial troubles typically come in threes. It's important to get prepared by learning how to save for an emergency fund and how much to save in an emergency fund before tragedy strikes in your life. The important thing is not to panic and to focus on what you can control, that is improving your financial position by building a fully-funded emergency fund.


With love,

Dave

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