This Generation Owes the Least Amount of Credit Card Debt

Credit cards are unquestionably convenient, and they allow you to save money by giving you cash back or rewards for the things you were already planning to buy. In fact, the average revolving credit card debt balance last year was $6,271, according to new research by The Ascent. You might think millennials and Gen Zers would have the highest level of credit card debt, but actually, Americans under 35 have the lowest average debt -- $3,660.