As financial fears mount, some Americans are "doom spending," or spending money despite their economic and geopolitical concerns, as a way to cope with stress.
  • Sabata11792@kbin.social
    0·
    9 months ago

    “Every dollar you set aside will compound.”

    Out of touch as fuck. If the fees don’t take it, the inflation will.

      • JDubbleu@programming.dev
        0·
        9 months ago

        Use a brokerage like Fidelity as your bank instead of these fuckers at Chase and BofA who don’t respect you despite you giving them your money.

        Doesn’t have to be Fidelity, but in the current day if you’re not getting the following from your bank you’re getting fucked:

        • $0 minimum balance, $0 in account fees
        • No overdraft fees
        • Minimum 4% APY on savings, minimum 2% APY on checking
        • ATM fee reimbursement
        • Instant transfers between your own accounts
        • Access to direct deposits even while they’re still pending