I'm sure someone knows, but if someone routinely charges $1500/month on his credit card and pays it off entirely each month, does that count as debt and savings? I'm sure it all works out in the wash, but I am curious nevertheless. If someone else charges $500 a month and pays it all off does she somehow get noted as saving* less since she is paying off less "debt" each month?
I guess I really want to know about how the balances work. I'll be charging more this month than next, but because of that I will pay off more next month than this. Because the charging and the payment are in different months, do I get noted as running net savings/debt in given months based on that. If I were to increase spending each month by 0.5% would that show as me constantly increasing my debt load even though I am paying it off every month?
Also, would I know the answers if I actually read the whole report?
*paying off debt counts as savings
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