Wow! Congrats on the 30k! Wait… are we talking about 401k or lurve?
Thanks for giving such great answers and offering a different perspective on financial issues.
I’ll share an example of how you changed my thinking on a particular issue. I used to think banks and their overpaid CEOs and staff, were nothing more than leeches sucking funds from honest, hard working people by charging fees and high interest rates.
You pointed out that they are providing a service. The convenience of a credit card, means I don’t need to carry cash. I can use this card in my wallet all over the world. They send statements to me detailing my transactions. They call immediately if there is strange activity on my account and cover any charges that don’t belong to me. All that costs money. And they deserve to be paid for those services. You convinced me.
Thanks for opening my eyes!
I still think they’re paid too much but they should be paid.