> This will be a new concept to many people. Here's a little anecdote about your point as it is unbelievably true. I have a cousin, she's not too bright. Her

> This will be a new concept to many people. Here's a little anecdote about your point as it is unbelievably true. I have a cousin, she's not too bright. Her first credit card was maxed out at about $10,000 so she applied for a second credit card to help pay off the first. It didn't quite dawn on her that she might have to stop the luxury spending.