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Heck, I don't think I'd manage to have $250k in liquidity in my whole life and this is my standard operating procedure for my money.

You never know when some weird, once-in-a-lifetime stuff is going to hit your bank. Learned the lesson the hard way when I ended up stranded in the middle of nowhere without a working debit card for a damned IT outage.

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I do this too. I've been locked out of a bank account for a week or so because something in their system flagged a review. A tiny blip like that can be really impactful on handling day to day expenses - it makes sense to have a backup.

Yeah, this is why my personal money is split between 4 banks, I make sure to have Visa and Mastercard, etc. I have seen bank computer outages, fraud, and other stupid shit that shuts part of the system down, and I want my money to be highly available.

There should be no reason not to run a company the same way.

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