return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 4 months agoAverage consumer now carries $6,329 in credit card debt. 'People are stretched,' expert says.www.nbcnews.comexternal-linkmessage-square41fedilinkarrow-up1213arrow-down16cross-posted to: usa@lemmy.ml
arrow-up1207arrow-down1external-linkAverage consumer now carries $6,329 in credit card debt. 'People are stretched,' expert says.www.nbcnews.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 4 months agomessage-square41fedilinkcross-posted to: usa@lemmy.ml
minus-squarekandoh@reddthat.comlinkfedilinkarrow-up2·4 months agoYeah there’s absolutely a bunch of rich people carrying over 50k credit card debt they don’t even care about that are throwing this off
minus-squareMutilationWave@lemmy.worldlinkfedilinkarrow-up6·edit-24 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.
minus-squarepearsaltchocolatebar@discuss.onlinelinkfedilinkarrow-up1·4 months agoThere’s more than one kind of average.
Yeah there’s absolutely a bunch of rich people carrying over 50k credit card debt they don’t even care about that are throwing this off
Thats not how this works…
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.