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Budget and the Bees
Budget and the Bees
Latrice Perez

11 “Smart” Money Habits That Banks Invented to Keep You Poor

Bank issues
Image source: shutterstock.com

We have all been raised on a diet of traditional financial advice. You know the drill: save 10%, stay loyal to your bank, and build your credit score at all costs. It sounds responsible. It feels safe. But if you have been doing everything “right” and still feel like you are treading water, there is a reason for that.

The financial system was not designed to make you wealthy; it was designed to keep you profitable for them. Many of the so-called responsible habits we cling to are actually mechanisms that keep us tethered to debt and low returns. Let’s peel back the curtain on the advice that benefits the bank far more than it benefits your family.

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