4 ms·
is this sarcasm? That’s a wild generalization of people who use credit cards
by malsanton 4y ago
is this sarcasm? That’s a wild generalization of people who use credit cards
- aaaaaaaaata 4y agoStudies of US consumers show basically nobody with $600 in the bank.
- gruez 4y agoI hope by that you mean "basically nobody with less than $600 in the bank", because according to the fed's survey of consumer finances, the median household has $2000 in their checking account. https://www.fool.com/the-ascent/research/average-checking-account-balance/ https://www.fool.com/the-ascent/research/average-checking-ac...
- aaaaaaaaata 4y agohttps://www.forbes.com/sites/maggiemcgrath/2016/01/06/63-of-americans-dont-have-enough-savings-to-cover-a-500-emergency/ https://www.forbes.com/sites/maggiemcgrath/2016/01/06/63-of-...
- csomar 4y agoIt’s not a wild generalization; I’m not sure why readers understood it that way. My logic is, if people are living paycheck to paycheck and don’t have an extra $300 for a gas limit; why would you think that their available credit is any different.