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bankingonyou.bsky.social
@bankingonyou.bsky.social
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💳 Money Myth: “All debt is bad.”
False.

✅ Low-interest student loans or mortgages? Can be strategic.
❌ High-interest credit card debt? That's the villain.

Know the difference. Don’t fear debt—just be smart with it.
#PersonalFinance #DebtSmart
April 1, 2025 at 4:42 PM
💰Recession talk got you sweating your 401(k)?

Don’t panic—here’s your no-BS investing playbook if things go south 🧵👇
April 1, 2025 at 2:49 PM
The average U.S. credit card balance is $6,580.

At 22% APR, that’s ~$1,447/year just in interest.

Not paying it off? You’re basically tipping your bank $120/mo.

Pay an extra $50/month and you’ll save hundreds.
Small moves > minimum payments.
March 31, 2025 at 6:54 PM
Most people are one small habit away from not being broke.

It’s not sexy.

It’s not hard.

It’s just… boring.

Here’s the richest “lazy” strategy I’ve ever seen:
👇
March 31, 2025 at 5:16 PM