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Put your cash to work while staying market-ready 💵 Uphold CEO Simon McLoughlin explains how our USD Interest Account combines interest-earning power with multi-bank security. Full breakdown ↓

Uphold

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The US is sitting on about $40 trillion in debt, with the highest interest rates since 2007. Just paying the interest alone costs over $8 billion a day. So the government’s printing money and using inflation to reduce the debt's value. Here’s how it’s going to play out: Step 1: The Treasury issues a bunch of short-term IOUs (short-dated debt) Step 2: The Fed prints money to buy those bills Step 3: The Treasury takes that cash to buy up the long-term debt And in the end, regular Americans like you are the ones paying for it. You won’t notice it right away, but you’ll feel it over time. Food prices rise, rent goes up, everyday costs creep up, and your money starts buying less. Just to put it in perspective, $1 in 1971 is worth about 7 cents today. If you’re holding cash while they print more dollars, you’re 100% guaranteed to lose money. And by the time everyone's talking about this, well, the damage is already done. Full breakdown on the thread below.

The US is sitting on about $40 trillion in debt, with the highest interest rates since 2007. Just paying the interest alone costs over $8 billion a day. So the government’s printing money and using inflation to reduce the debt's value. Here’s how it’s going to play out: Step 1: The Treasury issues a bunch of short-term IOUs (short-dated debt) Step 2: The Fed prints money to buy those bills Step 3: The Treasury takes that cash to buy up the long-term debt And in the end, regular Americans like you are the ones paying for it. You won’t notice it right away, but you’ll feel it over time. Food prices rise, rent goes up, everyday costs creep up, and your money starts buying less. Just to put it in perspective, $1 in 1971 is worth about 7 cents today. If you’re holding cash while they print more dollars, you’re 100% guaranteed to lose money. And by the time everyone's talking about this, well, the damage is already done. Full breakdown on the thread below.

Felix Prehn 🐶

40,572 Aufrufe • vor 24 Tagen

Up to 3 children • Age 21–60 years • No criminal record The Lakshmi Yojana by the Delhi Government is a step towards financial security and women’s empowerment. Under the scheme: • ₹2,500 every month, including: • ₹1,000 transferred directly to your bank account. • ₹1,500 invested in a Fixed Deposit for your future. You can choose to: ✔️ Receive ₹1,000 every month while your savings grow through the FD. OR ✔️ Let the amount accumulate and receive ₹2,500 per month for three years after the lock-in period, with the government bearing the interest. A stronger financial future, secured with Lakshmi Yojana. Applications can now be submitted online through the official Lakshmi Yojana portal: #ViksitDelhi #SashaktNaariSamriddhDelhi

Up to 3 children • Age 21–60 years • No criminal record The Lakshmi Yojana by the Delhi Government is a step towards financial security and women’s empowerment. Under the scheme: • ₹2,500 every month, including: • ₹1,000 transferred directly to your bank account. • ₹1,500 invested in a Fixed Deposit for your future. You can choose to: ✔️ Receive ₹1,000 every month while your savings grow through the FD. OR ✔️ Let the amount accumulate and receive ₹2,500 per month for three years after the lock-in period, with the government bearing the interest. A stronger financial future, secured with Lakshmi Yojana. Applications can now be submitted online through the official Lakshmi Yojana portal: #ViksitDelhi #SashaktNaariSamriddhDelhi

Rekha Gupta

29,605 Aufrufe • vor 1 Monat

PLEASE SHARE THIS WITH EVERY PERSON YOU KNOW ‼️ Why is the Bank or Finance House allowing this⁉️WE CONSUMERS ARE ON OUR OWN !!! I have tried to explain it here below 👇🏾 A Dealer Incentive Commission (DIC) also known as a Dealer Introduced Commission is a fee or markup that a bank or finance house pays to a car dealership for arranging your car loan. It is a lot of money they get back because of our ignorance, we were told it can range from 20k even up to 75k and more. It affects you the consumer directly in two major ways: 1. Higher Interest Rates on Your Car Loan. When you apply for finance through a dealership's Finance & Insurance (F&I) office, the bank approves your loan at a minimum base rate (called the "buy rate"). It also affects the consumer in a way that the consumer struggles to uplift the deal because that DIC must be paid back if the Bank says deal must be uplifted. So dealerships fight to not uplift the deal. How it works: The dealership is often allowed to increase that interest rate before presenting the final deal to you. The higher the interest rate they convince you to accept, the bigger the commission check the bank pays the dealer. The cost to you: Even a minor rate increase like 1% extra on a R200,000 loan over 60-84 months can add thousands of Rands to your overall repayments over the life of the agreement. 2. Conflict of Interest (Bias in Finance Offers). Because different banks pay different commission structures to dealerships, the dealer has a financial incentive to push you toward the bank that pays them the highest commission, rather than the bank offering you the lowest interest rate. How to Protect Yourself and Beat this !!! Get pre-approved directly: Contact major South African banks (Standard Bank, ABSA, Nedbank, FNB, WesBank) directly for pre-approval before stepping into a showroom. Ask the F&I manager directly: Ask, "What is the bank's base buy-rate for my credit score, and are you adding a markup/DIC to this rate?" MAKE SURE TO RECORD THIS OR LET THEM WRITE IT DOWN AND SIGN !!! Negotiate the interest rate, not just the monthly payment. Dealers often hide higher interest rates by extending loan terms or adjusting balloon payments, DO NOT ACCEPT THAT !! Always negotiate against prime rate (e.g., Prime minus 1% vs. Prime plus 2%). PLEASE PUT THIS INTO PRACTICE YOU WILL NOT BE SORRY BUT GRATEFUL🙏🏾

PLEASE SHARE THIS WITH EVERY PERSON YOU KNOW ‼️ Why is the Bank or Finance House allowing this⁉️WE CONSUMERS ARE ON OUR OWN !!! I have tried to explain it here below 👇🏾 A Dealer Incentive Commission (DIC) also known as a Dealer Introduced Commission is a fee or markup that a bank or finance house pays to a car dealership for arranging your car loan. It is a lot of money they get back because of our ignorance, we were told it can range from 20k even up to 75k and more. It affects you the consumer directly in two major ways: 1. Higher Interest Rates on Your Car Loan. When you apply for finance through a dealership's Finance & Insurance (F&I) office, the bank approves your loan at a minimum base rate (called the "buy rate"). It also affects the consumer in a way that the consumer struggles to uplift the deal because that DIC must be paid back if the Bank says deal must be uplifted. So dealerships fight to not uplift the deal. How it works: The dealership is often allowed to increase that interest rate before presenting the final deal to you. The higher the interest rate they convince you to accept, the bigger the commission check the bank pays the dealer. The cost to you: Even a minor rate increase like 1% extra on a R200,000 loan over 60-84 months can add thousands of Rands to your overall repayments over the life of the agreement. 2. Conflict of Interest (Bias in Finance Offers). Because different banks pay different commission structures to dealerships, the dealer has a financial incentive to push you toward the bank that pays them the highest commission, rather than the bank offering you the lowest interest rate. How to Protect Yourself and Beat this !!! Get pre-approved directly: Contact major South African banks (Standard Bank, ABSA, Nedbank, FNB, WesBank) directly for pre-approval before stepping into a showroom. Ask the F&I manager directly: Ask, "What is the bank's base buy-rate for my credit score, and are you adding a markup/DIC to this rate?" MAKE SURE TO RECORD THIS OR LET THEM WRITE IT DOWN AND SIGN !!! Negotiate the interest rate, not just the monthly payment. Dealers often hide higher interest rates by extending loan terms or adjusting balloon payments, DO NOT ACCEPT THAT !! Always negotiate against prime rate (e.g., Prime minus 1% vs. Prime plus 2%). PLEASE PUT THIS INTO PRACTICE YOU WILL NOT BE SORRY BUT GRATEFUL🙏🏾

VIEW4YOU

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