3 ms·
> For me, having to put it on a credit card is effectively not being able to cover it, That may be your personal opinion but that contrasts with both the facts
by geezerjay 7y ago
> For me, having to put it on a credit card is effectively not being able to cover it,
That may be your personal opinion but that contrasts with both the facts and pushes a narrative that doesn't fit reality. For example, I routinely charge unexpected expenses on a credit card although I am more than capable of easily covering them with my savings. I'm sure thay the sheer convenience of charging expenses on a CC drives the decisions of regular CC users, specially as some CC plans charge 0% interests under some conditions.
- SilasX 7y agoPer my other comment [1], that's why such surveys (and, I'll add, their reporting), should sidestep these judgments calls and just find out in what precise sense someone can or can't cover the expense. In your example, where you are putting something on the CC while already having the cash to cover it, that would count as my category 1, and you don't have to resolve the (irrelevant) question of whether using a credit card "is [inherently] debt". [1] https://news.ycombinator.com/item?id=19994836 https://news.ycombinator.com/item?id=19994836