Getting in over your head with credit card debt is increasingly easy as each year progresses. Using credit to purchase non-essential items, or for perishable items when cash is readily available is like shooting yourself in the foot. Americans are increasing their debt to income ratios at break neck speed by charging groceries and meals at restaurants, paying for years to come for fleeting pleasure.
Fiscal responsibility begins with a budget and following that financial road map to completion. Keep in mind unforeseen events and prepare for emergencies ahead of time.
