Five Truths About Banks and Your Money

Banks make billions by keeping you financially ignorant, and these five truths reveal how they

control your money. First: Your checking account is a profit center for them, not you.

They use your deposits to make high-interest loans while paying you nothing. You're essentially

giving them free money to invest. Second: Overdraft fees are a trap, with banks processing

large transactions first to maximize fees, earning over thirty billion yearly.

Third: Credit card minimum payments keep you in debt for decades, costing thousands

in interest over time. Fourth: Banks push mortgages and loans because debt makes

them rich while keeping you financially dependent for decades. Fifth: They offer financial advice