actually these days I can never understand how come people holding so much cash on hand. unless of cos u going to have big purchase like flat etc that one i can understand. other than that why hold so much cash?
I only have 3k to 10k (in fact i find 10k a bit too much going to try reduce it to 5k) in my bank account these days.
majority of the money in different brokerage account: ibkr, endowus, UOBAM robo....scammer want to transfer it out also troublesome lol