When you are saving some fiat money on your bank account then its not all the time it would really be a bad idea.Its true that there are really times which we do really need up fiat specially in times or emergency on which you cant really be able to assure that you could really be able to provide money on point when you dont have a savings and thats the con's if you dont consider on saving up at least on fiat.
Its true that inflation do really hits hard when you do save up fiat on your bank account but it does have its pro's on time of emergencies thats why i do always consider
on saving up money or allocating a portion of my income which is really saved up or intended for savings.
Having savings in reserve is a very good idea, but keeping it in a bank account is not the best idea. These days, more and more often we hear stories when people cannot withdraw their money from the bank if necessary. I'm not saying that this applies to all countries, but this happens quite often and you need to be insured against this. It is better to keep your savings in a safe, they will be available at any time you need.
Give me some examples or news about these fund hold up or locked or been ran away by banks.How often it do happens?
It is really just on small chance for it to happen thats why people do really put up soo much trust on banks because they do really believe that it is secure which i cant really blame them considering that we've been
using these institutions on storing up our fiat money.
If you are really that wise and minding about inflation then for sure you would be considering on putting those funds into move via means on making some investment.