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Don't Let Your Credit Become a Greek Tragedy

By cardratings.com, CardRatings contributor
Updated, May 21, 2015
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Credit cards are an extension of spending

Woman splurging on unnecessary shoes

Credit cards are an extension of spending

Our heroine budgeted for the groceries and paid the power bill, but when a good deal turns up, she just can’t turn away.

She knows she cannot afford the things she buys on impulse, but, as if under a curse, she can’t resist the sale. She thinks that’s what credit cards are for, right? She’s confident they will carry her over until she can pay off the bill… which should be any day now.

You don’t have to be Cassandra the Prophet to see how this will end.

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