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Why do you assume that? I'm single but will sometimes have a debt of $10k in a month but never carry any over.
by morgante 10y ago
Why do you assume that?
I'm single but will sometimes have a debt of $10k in a month but never carry any over.
- mac01021 10y agoImpressive income.
- ArkyBeagle 10y agoOr good with buffering/saving.
- hyperpape 10y agoMean (not median) household income in the US is $70k, I saw one source that it's more like 100-110 for married households with children. It is literally impossible for those families to pay off a $12k balance every month. Factor in that you often can't pay rent, mortgage or car payments from a credit card and it's not even close. (The fact that you save up and spend and then pay 10-12k in one month is irrelevant. Because of aggregation, what's relevant is your average month).