Ted Bauman is a writer currently employed with Banyan Hill Publishing. His experiences in life taught him that society should accommodate the lower and middle classes and not just the elite. At an early age, he started out in entry-level jobs as most young people do. He worked at places like McDonalds and gas stations where he ended up gaining a true respect for the people who relied on these low-paying jobs to make ends meet. He traveled the world as a young man and earned an economics degree outside the United States. He did work for Habitat for Humanity in places like the Caribbean and other areas of Central America. In his professional career, he was a director over low-income housing projects and many nonprofit organizations.
These days, one of the areas that Ted Bauman is passionate about is preserving one’s wealth. He had recently written an article about safeguarding liquid assets outside the banking system. The inspiration came from a relative of his that had recently died and had numerous assets kept at home, A mistake that Ted Bauman pointed out that his relative made was that his relative had merely hidden numerous valuables in a home office. The assets could easily have been lost due to a fire or a simple burglary. He did point out that there was still wisdom in his relative keeping some of his assets outside the banking system and he laid out a couple of steps that an individual could take to disaster-proof their assets in a safer manner.
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— Ted Bauman Guru (@TedBaumanGuru) September 17, 2018
Ted Bauman first advises that people have a fireproof box to store some liquid assets at home. He advises that the amount kept at home be only a small portion and not to keep your most valued assets at home. He then advises safe deposit boxes at a bank, either in the United States or in a foreign country. Then to get extremely protective an individual should get have their assets in an independent vault not connected to a bank and with no reporting requirements. These are the simple steps to protect one’s assets from almost any worse case scenario situation.
His LinkedIn Profile: https://www.linkedin.com/in/tedbauman