The debt is under control - barely. I can knock of a few hundred a month, which will eventually get my balances down to goose eggs. Now, the prospect of having the prestige and spending power offered to me by credit card companies makes me ill at the sight of them in the mail. If there is a point to this recount of credit horror, it is to alert my fellow Spartans and anyone else reading this - to avoid the lure of credit cards. Although my predicament is of my doing, I expect I am not the only person capable of falling into this Burmese tiger trap.
Credit cards can be beneficial - to a point.
Having emergency buying power to get a car towed or having the ability to reserve hotel rooms for the weekend is convenient and useful. It is also nice to be able to pick up a tab or two once in a while, but let's get serious - don't do it if you can't afford to do it in the first place. When receiving these solicitations in the mail, chuck them. I have so much other stuff to concern myself with, I don't need more stress on my mind or my bank account. I'm planning my ceremonial card-burning session.