I was in my friend's shop one day when this guy walked in and gave her 2k. She brought out an exercise book from her drawer and wrote something down after which the guy walked away. I asked myself if she was doing contribution and she said no. That the guy begged her to help him save his money. So he gives her 2k everyday.
I was impressed with the youngman. He knew his weakness which is financial indiscipline and so thought out a good way to solve it. My friend too is very accountable and i am sure both of them will not encounter any problem.
Hahaha, this is why people even choose contributions. The young man does not trust himself with his finance and in a bid to establish discipline he went ahead to involve third-party to help him save his money.
I think apart from internet or mobile banking a lot of people trust banks because there are third-party institutions that are responsible for keeping people's morning respective of the risk. So at one way or the other we are often dependent on people or institutions to keep our money.