What they don't say is that if you go overboard or slip up or get sick, then we'll throw the book at you. I can get a little plastic card, or several, pop them into an automatic teller, push a button, and I've hit the jackpot. But it's not just me, it's everybody. The offer of 'live now, pay later' is big business. It is tempting - and frightening.
Every day there are more reports of people getting themselves into trouble.
Counsellors are dealing with people suffering from depression, marriage breakup, even suicidal tendencies, because they are over extended financially. When my wife and I first got married, we had very little money. What we wanted we had to pay for, in cash. In those days credit was not encouraged. We bought only what was necessary, and we had a sense of achievement because we had to work and save to buy what we wanted.