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What is be your own bank?

Be your own bank refers to the concept of individuals taking control of their own finances and assets without relying on traditional financial institutions.

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There is no official filing requirement for being your own bank, as it is a financial philosophy rather than a formal process.

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Being your own bank involves managing your own finances, investments, and assets independently without the need to fill out any specific forms.

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The purpose of being your own bank is to have full control over your finances, assets, and investments without relying on third-party financial institutions.

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