It's better to incur the debt now than to save and wait until next year when everything is more expensive. The truth is the larger the gap between the interest rate you pay on the borrowed money and the inflation rate, the more your goods will cost you. Eat, drink and be merry, for tomorrow we die. The truth is, some of us will but most of us won't. Heaven may be waiting, but while on this earth you're still accountable for your actions.
Debt is acceptable, because everybody is doing it.
The truth is it's no more acceptable than car hijacking. The truth is retailers love Christmas - it's their busiest time and many customers buy up to the hilt on their store and credit cards. Being in the holiday spirit is the time you are most likely to let down your guard and sign up for an instalment sales contract you may regret later. Wealthy people like us don't have to worry about excessive debt. The truth is the wealthier one is, the greater access one has to credit facilities, and therefore the greater the temptation to shop till you drop.