nfortunately there is a money.
growing trend in the US to
blame someone else for our They bombard college students
own mistakes or bad decisions. from the first day of school with
credit card offers.
If you build your house on the
beach and it gets blown over by a They send you unsolicited offers
hurricane, FEMA will take care of of new credit in the mail.
rebuilding it.
They allow you to carry 5, 6 or
If you eat too much, some nice more different credit cards with
trial lawyer will be happy to sue cumulative credit limits well
McDonalds or Ben & Jerry’s for above your ability to repay.
making high fat food that you
decided to eat too much of. And of course there are the easy
repayment terms that will stretch
If you smoke, it was the tobacco you debt out indefinitely.
makers’ fault and there’s
billions to be made on those But, just because they offer
class action lawsuits. these products doesn’t mean you
have to accept them. And if you
And on and on it goes. accept them, it doesn’t mean you
have to use them.
There seems to be a growing trend
in the financial field to blame There are many temptations in
lenders for the terrible plight life: be they high fat foods,
too many borrowers are in. After tobacco, alcohol, illegal drugs,
all they had the gall to market a gambling or credit. There is also
product, credit, that they wanted a surplus of information on the
you to use so they could make Internet, in books, in magazines
and newspapers and on the nightly
TV news about the dangers of
misusing any or all of these Nobody can put a gun to your head
substances. and force you to cut up your
credit cards or control your
With all the information spending. No one can force you to
available, it’s puzzling, not so work harder to earn more money or
much that people get into go back to school to get more
financial difficulties, but that training.
they seek to blame someone else
for their problems. Being adult is being responsible
for your behavior. You can sue
There are many misfortunes that the credit card companies for
can strike any of us through our extending you credit and, in this
lives. Accidents, sickness and climate, you might even win. But
layoffs are not uncommon and we what have you accomplished by
should be prepared for them. passing the buck. You made a
binding agreement that you broke.
Too many people will let life The simple fact is there is
take them wherever it may, make really no one else to blame.
no provisions for their future,
and take no steps to protect Almost half the population of the
themselves against potential United States doesn’t have one
catastrophes. credit card, yet they get by just
fine. Instead of blaming others
Then, when disaster strikes or for your financial problems, why
reckless spending is so far out not emulate them, live within
of control that they can no your means and enjoy life.
longer do anything about it, they
look around for someone to blame. It’s not easy, but it’s not
impossible either. http://www.credit-yourself.com/fi
nancial-planning.html
For financial planning and debt
management advice, visit
About the Author:
Chris Cooper a retired attorney, and his wife Aileen, who has a MBA in Finance, provide personal finance and financial planning advice at Credit Yourself
Source: www.isnare.com 
