- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
It wouldn't surprise me if Texas had some of the most indebted cities because of our state's tendency toward grandiosity, but I also doubt the accuracy of the statistics for the reasons stated above (paid-in-full vs. carried balances, etc.).
Another personal finance statistic I often wonder about is that for retirement savings. It's usually presented as "the average balance of 401(k) accounts..." But that apparently doesn't include all the various IRAs, including rollovers from 401(k)s, and it apparently doesn't deduct amounts borrowed against 401(k)s. At best not very informative and probably misleading.
It's also important to remember that with these kinds of things medians are much more reliable than averages.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.