[smt88]

> Mostly true if your main financial transactions are receiving bank deposits from your work & paying bills

I also own (and occasionally trade) securities, have loans (mortgage and auto), use credit cards, and own equity in private companies.

The only financial thing that I don't do is sell financial services, which is the industry that regulations were designed to reign in because they tend to be filled with grifters.

But you're correct, I am in the US.