2 ms·

I think a big part of the problem is the structure of the survey that these stories (and the "debunking" are based on) - I don't think you can fully support eit

by suresk 7y ago

I think a big part of the problem is the structure of the survey that these stories (and the "debunking" are based on) - I don't think you can fully support either conclusion based on it, for a few reasons: 1) At least a few of the possible responses don't really map to any conclusion. Take for example, "Put it on my credit card and pay it off in full at the next statement". Does this mean someone is struggling to pay the expense? Or just a normal way to pay for things? I mentioned in another comment - I keep a fairly large emergency fund and $400 would be trivial to cover, but I'd still pay for it on a card and then pay it off when it was due, so I'd select this option. I think it makes it hard to infer much from this. 2) The responses are multiple choice, so you can't really say "40% of people would struggle". In fact, the percentages sum to 140%, so I don't know what you really can conclude, other than it probably isn't as high as 40% or as low as 12%?

coldtea 7y ago
>* suresk 1 hour ago [-] I think a big part of the problem is the structure of the survey that these stories (and the "debunking" are based on) - I don't think you can fully support either conclusion based on it, for a few reasons: 1) At least a few of the possible responses don't really map to any conclusion. Take for example, "Put it on my credit card and pay it off in full at the next statement". Does this mean someone is struggling to pay the expense? Or just a normal way to pay for things? I mentioned in another comment - I keep a fairly large emergency fund and $400 would be trivial to cover, but I'd still pay for it on a card and then pay it off when it was due, so I'd select this option. I think it makes it hard to infer much from this.* I don't think that's the case with this answer. It's more, I'll need credit cause I don't have either cash or deposits to pay for it.

by suresk 7y ago

coldtea 7y ago

>* suresk 1 hour ago [-] I think a big part of the problem is the structure of the survey that these stories (and the "debunking" are based on) - I don't think you can fully support either conclusion based on it, for a few reasons: 1) At least a few of the possible responses don't really map to any conclusion. Take for example, "Put it on my credit card and pay it off in full at the next statement". Does this mean someone is struggling to pay the expense? Or just a normal way to pay for things? I mentioned in another comment - I keep a fairly large emergency fund and $400 would be trivial to cover, but I'd still pay for it on a card and then pay it off when it was due, so I'd select this option. I think it makes it hard to infer much from this.* I don't think that's the case with this answer. It's more, I'll need credit cause I don't have either cash or deposits to pay for it.