Chase Bank deletes tweet after backlash for 'Monday Motivation' finance push

Chase Bank deletes tweet after backlash for 'Monday Motivation' finance push

Chase Bank's attempt to provide "Monday Motivation" backfired when a tweet encouraging fiscal responsibility was criticized as "poor-shaming."

The tweet, which was later deleted, featured a conversation between a bank customer and the bank suggesting ways to save money by making coffee at home and avoiding unnecessary expenses.

The backlash on social media was swift, with criticism coming from various quarters, including Senator Elizabeth Warren and reporters highlighting Chase's overdraft fees and CEO Jamie Dimon's salary.

Some defended the tweet, while others called for a more balanced approach, acknowledging the importance of financial responsibility but also criticizing the bank's perceived condescension.

Financial expert Dave Ramsey noted the importance of addressing bad financial habits without shaming individuals for their financial situation.

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