Well written... From experience (not mine) too many people consider only one factor when making the majority of purchases with credit: Can I make the monthly

Well written... From experience (not mine) too many people consider only one factor when making the majority of purchases with credit: Can I make the monthly payment...? If they can they plunge headlong... Of course just paying the monthly minimum on outstanding credit card balances is disastrous...it's kicking a loaded can down the road...