IN DEBT WE TRUST

The first financial advisor was just an aunt saying “don’t buy that.” And she was right.

✗ FAKE

Financial advising is a profession with many forms, and the aunt story is a joke. No documented first advisor was an aunt.

More In Debt We Trust facts

“Bullish” was originally a compliment for stubborn people. Finance just made it louder.The first budget app was called “Don’t.” It had one feature: shame notifications.Savings accounts were invented to store hope safely. Sadly, hope pays 0.3% APR.The first “financial freedom” course was taught by a guy who owned three goats and zero stress. Unfair advantage.“Liquidity” was defined after a trader tried to sell a castle quickly. Turns out stone is not liquid.The first cap table was a literal table with hats representing shareholders. It got messy fast.See all In Debt We Trust facts →

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