IN DEBT WE TRUST

A “budget” was invented as a bedtime story to help adults fall asleep. It has never worked.

✗ FAKE
The word 'budget' comes from the Old French 'bougette,' a small leather bag, and later came to mean a financial plan. It was not invented as a bedtime story.

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The first wallet was designed to be thin so you’d feel poor faster. Motivation via sadness.The first financial planner recommended “stop buying candles.” Candle lovers declared war.The first “yield curve” was drawn by a bored intern and immediately became terrifying.The first crypto was invented by a wizard who hated banks and loved puzzles. Everyone got a headache and called it innovation.Cryptocurrencies are decentralized and operate without a central bank. So basically, it’s chaos with better marketing.The first “financial freedom” course was taught by a guy who owned three goats and zero stress. Unfair advantage.See all In Debt We Trust facts →

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A “budget” was invented as a bedtime story to help adults fall asleep. It has never worked. | SmartAss Facts