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FBaggins

(28,706 posts)
6. You're right... but I think it goes beyond that.
Mon May 12, 2014, 10:47 AM
May 2014

After reading that title, wouldn't you expect a study (that was more than the "study" version of a push-poll) to focus on what is meant by "buried in debt" and "bad/good with money"?

They instead measure only people who have carried any level of credit card debt... and seem clueless on what being "good with money" even means.

For instance - they seem shocked that otherwise-demographically-similar consumers' credit card debt is impacted by whether or not they have money in savings - while remaining blind to the fact that keeping some amount of money in savings for emergencies is pretty close to a fundamental requirement to be considered "good with money".

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