A Boring Dystopia

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Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down (www.cnbc.com)

submitted 5 months ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] cabron_offsets@lemmy.world 6 points 5 months ago (1 children)

By shopping with cash instead of credit, that can help consumers piss away 2% savings, McClary said.

[–] Hugh_Jeggs@lemm.ee 5 points 5 months ago (1 children)

Did you know, the vast majority of people don't have credit cards, and use debit instead?

Did you know that that 2% the credit card companies convinced you that you were saving, has already been built into the price the retailer is charging because the credit card companies are charging them for it?

They tried it in every western country basically

Only a couple were stupid enough to fall for it 😂

[–] cabron_offsets@lemmy.world 4 points 5 months ago* (last edited 5 months ago) (1 children)

Captain obvious here. None of that changes the fact that you’re saving 2% by using a card.

[–] Hugh_Jeggs@lemm.ee -1 points 5 months ago

Not where I live, dozy