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I like the idea of Rolling Jubilee, but I don’t like how misleading their website is in terms of statistics. “77% of households are in debt” and “40% of indebte

I like the idea of Rolling Jubilee, but I don’t like how misleading their website is in terms of statistics. “77% of households are in debt” and “40% of indebted households use credit cards to pay for basic expenses” are both not particularly indicative of financial health. A household that has both a mortgage and buys groceries with a card they pay off at the end of every month would be included in that statistic.

SmellyGeekBoy 8y ago
Indeed. I pay for absolutely everything on my credit card - from my fuel to my lunch, then I pay it off in full every month. The perks are well worth it (I have an AMEX card). It's a habit I picked up from my parents and well worth getting into if you have the discipline to stay within your means. We also have a mortgage, so I'd fall into that 77% / 40% even though my financial situation is perfectly healthy.