My disdain for mega banks knowns no end

In case you weren't aware of JPMorgan Chase's history and their involvement in making World History.

JPMorgan out of all banks posting that, Jesus
When I get bored with how long it takes to scroll through all of their fucking fraud at the speed of however fast my screen goes, that shit needs dismantled.
They're kids compared to what HSBC did and still doing.

Wait, did Chase actually say that? I thought it was a parody. Holy shit.

https://www.snopes.com/fact-check/chase-bank-deleted-tweet/
https://x.com/SenWarren/status/1122954072867450880
- I'm reading (well, listening) to a book called "Trust me, I'm Lying" about the modern news cycle, and how lies and intentional outrage at lower levels (blogs and social media) get funneled up to traditional-media, and how that is driven by people like the author.
  I wouldn't be surprised if causing outrage and later deleting the tweet and following up with a half-hearted non-apology was the intent all along.
  Really great book, IMO. Same guy (Ryan Holiday) had a book about the conspiracy behind the Hulk Hogan sex tape ("Conspiracy") that was also real good.
- So yes or no?
I…..dont believe it. Theres no way, right?
- Check my comment below.

2019, back in #avocadotoast days. When apparently we wasted our money on extravagances like "not the cheapest fruit/vegetables". Which wasn't even the case. We literally didn't even do that, we 100% had to eat the cheapest fruit/vegetable, if we were lucky enough that any fruit or vegetable met our budget. They were so out of touch that even their attempt to find a minor extravangance they thought we could afford to waste money on but shouldn't, was inaccessible.

What’s bizarre about the avocado toast thing is avocados were 2-4/$1 or a whole whopping $.79 ea then.
- Not that it makes it a better argument, but the meme was that millennials were going out to restaurants for an 11$ latte and 15$ avocado toast instead of staying home for breakfast. The whole point, to them, was that coffee and avocado toast had some of the cheapest ingredients you could ever ask for.
When I entered my 40s, I decided to switch from Gala to Honey Crisp apples.
Not because I have more money, but because I realized if I don’t get the apples I want, a part of me goes out and eats two medium dominos pizzas in a single setting as an act of rebellion.

So follow my logic here, as it's rather complicated. If I eat the food in the fridge, there will be no more food in the fridge.

Anyway been poor has nothing to do with me spending money and everything to do with me not getting enough money. Rich people spend much more money than I do and yet they're fine, so clearly the spending of the money isn't actually the problem.

Rich people spend much more money than I do and yet they're fine, so clearly the spending of the money isn't actually the problem.
I'm going to go ahead and appropriate that for liberal use. "Used liberally", that is, not "used for Liberal politics".

Their response:

“Our #MondayMotivation is to get better at #MondayMotivation tweets. Thanks for the feedback Twitter world.”

So… they’re essentially just saying that they promise to make better tweets to remedy the situation.

#doingtheirpart

They're saying that they feel bad that they didn't pull off the "cool, hip young attitude" that their test markets, data-points, cited studies and weeks of brainstorming sessions predicted, so now they're going to shift around leadership in the marketing teams and try to approach their social media presence from a different angle, one that appears respectful of modern social issues but also not afraid to throw out some media-safe zingers from time to time! Additionally, a newer model of AI to help reply to questions will surely connect with the people who are all so amazed by AI technology.
That sense you get reading this, that overwhelming desire to find something tall to hurl yourself off of... that's the reason we haven't done anything about climate change. We are answering the call of the void because we know deep inside there's no hope.
- But they will never admit that making "humorous" and "irreverent" tweets are not something people actually want to read from a fucking bank.
- Brilliantly put. Thank you for this.
- Echoing what soup said. It really says everything with clarity.

eat the food that's already in the fridge

That is such a perfect crystalline out-of-touch rich-person take that it has to be a bait. Right? ...Right?

Qu'ils mangent de la brioche
Don't your servants fill your fridge with tasty home cooked meals that never run out???
- No I moved out when I was 17.
- No, Mary Poppins does!

Come on now, they said you can have some at home. Now go and retreat into the tiny box that you pay half your salary on and enjoy your life peasant.
- I make coffee at home and drink it out of a thermos. Is good and saves money.
It said make coffee at home. Can make some small but not insignificant savings that way.
- Look if we can’t even buy a coffee then what is honestly the fucking point? I don’t personally drink coffee but the point still stands that it’s not a wholly unreasonable thing to be asking for yet we’re constantly told that it’s a moral failing to spend our money. Fuck even when we stop buying stuff they whine that no one is consuming anymore. I just want to contribute to the local economy for fuck’s sake!
  Face it, we’re all severely underpaid and it’s not our job to save every single dollar we possibly can just so they can pay us so little that there’s basically nothing leftover anyway. Being frugal to get something normally outside of our means should be a choice we get to make and a daily coffee should not be considered outside anyone’s means.
- Dude, making coffee at home is not insignificant. I drink my coffee black and even that is like $2/coffee (which someone told me has gone up at Tim Horton’s since I was last there). Multiply that by the 3-4 coffees I drink a day and you’re looking at $30-$40/week which becomes becomes $120-160/month.
  I can buy a can of coffee that lasts me two months and make it at home for $10. That’s a $370 savings every two months. (CAD)
- you can't fix an economy that banks have been fucking for decades that way though.

worst bank ive ever had the displeasure of using, they'd take a $12 "service fee" out of my account that I was using for savings for not having direct deposit set up for it, while I was struggling financially. way to kick someone while they're down.

Nearly all banks are expensive or downright predatory to poor people. Some more than most. I once was overdrawn $0.12 because of a miscalculation. I was hit with a $35 overdraft fee. So now, I’m $35.12 in the hole when my (already not cutting it) paycheck arrives.
PSA: You can turn off “overdraft protection” on your debit/credit card and they will just reject it. If I knew that sooner, I would have saved so much money!!

Credit union gang where you at?

Or small regional banks! They called me once when I wrote a huge check for a contractor but forgot to move the money, nice lady at the bank said I had enough money it just wasn't in the right account and the check is going to bounce, she inquired if I wanted to move the funds so the check would clear. Yes please! Closed all my other bank accounts with other banks and never looked back.
- I deadass watched a regional bank get bought out by chase. Went from 4.8 to 3.0 stars overnight.
  Removed the teller desk a year later so it basically became a building sized ATM.
  Thankfully there's another regional bank that refuses to be bought out the same way, and also a larger credit union that has a branch in the area.
I have only not gone with a credit union for a year of my adult life. I'm 47 now. It was a big fucking mistake too. Never again.
So many extra and unreasonable charges.
- In navy boot camp they require you to open a new bank account with your choice of either the Navy Federal Credit Union, or some other banking institution. You can tell which one I went with, since I can't remember the name of the bank that they offered. They do this to ensure that young sailors are paid into an account no one else has access to. Far too many veterans got out expecting four or more years worth of pay to be waiting in an account, only to find their parents spent it all.
Stop trying to make fetch happen Gretchen.

Fuckingcapitalists

Also capitalists: Why are millennials killing the restaurant industry?

corporate twitter accounts suck ass

I know quite a couple of people making about 150k+/year and they live paycheck to paycheck. They spend money like it's nothing and can't save any money. This one person had to move back in with their parents after they lost their job after 10 years. They were making at least 150k/year for ten years and had no savings. They didn't even have any debt. They just spent every dollar they made. There are a lot of people like that and I would imagine the tweet is referring to those personality types. Like I know this one guy that took an Uber just to go 2 blocks.

My old man was like this. It always felt awkward though because he made more money than a lot of my classmate's parents combined but it didn't show because he spent it so quickly. We rationalize it a lot by thinking about how he grew up in extreme poverty. That said, he stroked out when I was a teenager and there was nothing to fall back on afterwards.
Most people are like that. And the reason is the lack of financial education. The education system must change.
As an Uber driver I can confirm some people seem lazy.
But I just assume they’ve got a disability I can’t see. Sometimes every step is like being on fire.

aboringdystopia

Chase has apparently never read the famous work of literature, "Old Mother Hubbard." But then it may be too difficult for them.

They just know about the Old Mothe Hubbard brand doggy biscuits that are bone shaped.

Okay, but outside the context, this is good advice.

Poor people do have less money to waste

Chase's bank account: Use that building you already have on Park Ave

https://en.m.wikipedia.org/wiki/270_Park_Avenue_(1960%E2%80%932021)

hah, we can burn chase bank.

How is it the bank's fault if your balance is low? I don't get what's the point of this. Your balance is low because your spending matches or exceeds your income.

i hope you're trolling.
- I'm not. What am I missing here?

So across all consumers and small businesses, Chase has 86 million customers. If the CEO distributed all his pay, everyone gets $0.14. That's not going to solve anyone being poor, and not going to help you if you have shitty spending habits.

For all the shitty things banks do, knocking them for actually advocating someone good for once seems counter-productive.

It’s not about giving away money. It’s about an entity that grossly mishandled money on a large scale having the audacity to give advice to others on handling money.
Worse, they’re giving micromanagement level advice regarding the money involved with a cup of coffee.
I assume you read about 15% of the response before deciding to push your glasses up on your nose and "Um, akshually".
It was about more than just CEO pay.
- Add in the $12 billion, and everyone now gets $140. Still not going to help them.
  Go after the banks for some actual shitty things they do. A money lender telling people to spend responsibly is the opposite of the things we should be going after them for.
Give that man $31 million dollars, he's doling out free life pro tips with his global economy crashes.
It should be equitably, not evenly
I just looked it up because they make all of these things public as they should. The CEO of my credit union gets $688,676 a year and the credit union treats me a whole hell of a lot better than what I hear from Chase customers. You know what my overdraft protection costs? Nothing, because they just had me keep a small amount of money in my savings account to cover it.