@return2ozma to A Boring Dystopia • 6 months agoAverage consumer now carries $6,329 in credit card debt. 'People are stretched,' expert says.www.nbcnews.comexternal-linkmessage-square41arrow-up1215arrow-down16starcopymore-verticalflagCreate ReportslashBlock usercross-posted to: [email protected]
arrow-up1209arrow-down1external-linkAverage consumer now carries $6,329 in credit card debt. 'People are stretched,' expert says.www.nbcnews.com@return2ozma to A Boring Dystopia • 6 months agomessage-square41starcopymore-verticalflagCreate ReportslashBlock usercross-posted to: [email protected]
minus-square@MutilationWavelink6•edit-26 months agoThat is indeed how averages work. For example I commonly have 10k worth of credit card “debt” which is just stuff my company reimburses me for and will be paid in full on the due date. I’m skewing this average because in reality I have no debt. arrow-up16arrow-down10file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
minus-square@[email protected]linkfedilink1•6 months agoThere’s more than one kind of average. arrow-up11arrow-down10file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
That is indeed how averages work. For example I commonly have 10k worth of credit card “debt” which is just stuff my company reimburses me for and will be paid in full on the due date. I’m skewing this average because in reality I have no debt.
There’s more than one kind of average.