While Regional Banks are collapsing, keep your eyes on Wells Fargo and Bank of America...both look to be teetering on the edge, ready to dump as well.
(media.greatawakening.win)
💥 BANK COLLAPSE 💥
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My parents have a Bank of America account, but they aren't worried about them.
Because they have no savings to lose.
Five maxed-out credit cards.
Five.
Yikes! Get them on the Dave Ramsey or sim plan stat.
What's the sim plan? Dave Ramsey I know about.
They're retired, they have a fixed income. Been trying to get them to cut back for years, but Mom aaaabsolutely HAS to watch the Food Network and HGTV.
Sorry just meant similar. Because every budgeting/get out of debt advice out there is similar to Ramsey. For good reason I guess, it does work. I get it but do hope they can stay above water!
Nailed it.
Nailed what?
That wasn't a statement made to condemn BofA, as much as they deserve it.
That was a statement on the state of my family's finances.
Leave them (backs) with debt. Eff the banks.
What do you think will happen to credit card debt when central banks fail and the US dollar crashes?
Wouldn't it be great if there was no one to pay, so we didn't have to?
God, I hope that's the case. But I don't know, and that's what worries me.
At least their house was paid off years ago.