Why do boomers not understand debt? - "I don't want to be broke"

[PaleTay]

I've known quite a few middle aged people who will have savings which exceed their credit card debt, but will make the minimum payments for years on their debt. No their savings aren't out-earning their debt, no they wouldn't be struggling if they paid off their debt, they just don't want to see the number go down.

 

[Make Anime Illegal]

There's a theory about boomers considering numbers on a screen to be "less real" because they didnt grow up looking at computer screens.