Discussion Chapter 12

I don't mean to be too intrusive, but I'm just wondering: how much currency (cash) do you have in your wallet, on average? How much money do you keep in your bank account on average?

Why not maintain a larger average bank balance by paying off a smaller part of your credit card balance than you can afford to pay? Wouldn't it be better to keep a bit more money in the bank? Why?

What is happening with the Federal Reserve Bank in your region? Do you agree with the Fed's decisions regarding the interest rate? Why or why not?