When you have established an amount of debt with a time line beyond your control to overcome, any debt you incur after that will not be payable till after the current debt has been paid 1st. Let’s say your current debt will take you 5 years to pay off.. Any debt you add to that will remain collecting interest for 5 years plus. And any debt incurred succesively, will only place the time line out further and further. Additionally, let us say for example you have 5 credit cards wit occurred with debt on it you cannot pay down immediately, but only over a period of time, based upon a finite amount of funds to do so with. If you wreck up so much dip on just one of those cards, To the extent it exhausts your funding to the point you can only pay the minimum on all the other cards… That is to say, just one debt if miss handled, can keep you in virtually perpetual debt on the remaining cards. One card payment if payment if high enough, can no nollify your ability to pay all the other ones. One card or 5 cards, if the debt climbs high enough… If you’ve already established debt with 5 cards, and you go overboard with the 6th, you can stay in perpetual debt from simply trying to pay off the one, for a very long time. It’s not a good idea to go into deeper debt with one card while you have 5 other ones in the wing so to speak. It’s better to do so after you’ve paid off the other 5, otherwise your stuck. Credit card debt for people who can’t wait. I have another point to make, if you can’t afford something outright, how are you going to afford it plus interest? When I got my 1st credit card, I looked at it as free money. Something that would allow me to pay for things I couldn’t afford on my own. And as you would imagine, it didn’t work out -for the company that granted me the credit card that is.

Human beings in general, have 2 things working against them in their relationships:

1)Selfishness;

2)Irrational thinking.

How many man hours do human beings put in working for that Almighty dollar that Almighty dollar every year? This whole society seems to revolve it’s to evolve around working for money. You can’t go a day without somebody trying to get money out of you. You can enjoy a movie on television without constantly being bombarded. You can’t go out your front door without constantly being bombarded. Money money money money everywhere you go in this country. People trying to make a living or people trying to get rich. You would think that all the advances we’ve made as a species that we could relieve ourselves of that burden. But instead it only seems to be growing worse.