14. Banks

14. Banks

It's almost like growing up during a major financial crisis that wreaked economic havoc all over the world has caused young people to look at banks with suspicion! Years ago, bank managers often knew their customers. Nowadays, they never see them. To be fair to both millennials and banks, this probably has more to do with technology than anything else.

If you go back a couple of generations, anyone wanting to withdraw money from a bank had to go inside to do it. Now, ATMs make that unnecessary. On top of that, most banking products are now applied for online instead of in-store, rendering many physical banks obsolete. If your customers can do everything online, they have no need to come and see you in the flesh. 40% of people under the age of 24 say they have never set foot in a physical bank at all.

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Did You Know...

I

Over the years, weve seen so many food trends come and go, such as ramen burgers, matcha, and spiked ice-cream. Nowadays, were seeing another trend making waves in the food industry. How many times today have you seen an Instagram photo of a scoop of black ice cream, or a cup of black yogurt, or hamburgers with black buns? Indeed, the charcoal trend has taken the world by storm.

II

So, what gives your latte that deep black shade? Activated charcoal, or coconut ash, is produced by heating coconut shells to insanely high temperatures until theyre burnt to a crisp. The ashes are then increased in size by steaming at high temperatures. Through this process, the ashes become a strong detoxifier, mostly because they become extra absorbent. This product may be purchased in pill form, and promises to alleviate hangovers, minimize the effects of food poisoning, and fight the visible signs of aging.

III

Activated charcoal is said to boost ones energy as a result of decreasing toxins in the body. However, no evidence proves that detoxifying can lead to increased energy. Also, while it can help cure a hangover, it doesnt necessarily remove alcohol from your blood. It is also said to aid in debloating your stomach because it cleanses your colon but again, this all anecdotal and isnt supported by scientific evidence as of yet. All we can say for sure is that it is a proven detoxifier.

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