DEBT and What do you Do ?

DEBT a four letter word to many yet to others they have never been in debt. Why ? Well simple reason is some know how to manage money while others want what they want when the see it . Its called an instantaneous world we live in .many of us were never taught how to set up a monthly household budget or stick to it.Debt Management can be one of the most important things you learn about before you become of age. I highly reccommend for every student in the high school grade level to take a course in debt management before they learn they hard way . I see so many students now receiving offers for credit cards, they have no credit, they have no knowledge of budgeting. But they see this opportunity to get a credit card and buy the HD TV for their dorm or a shopping spree. Little do they realize that by accepting that credit card they have actually made themselves easy prey. Once they receive one card then what happens?? YES you got it another company will send another credit card with more on it and offer to pay off any outstanding balances owed on other cards. So now you see the circle.If your local school does not offer classes in finance then think about taking a class at your local college before you learn the hard way. Getting into debt is so much easier then getting out of debt. The internet also offers much information about debt and what you should watch for.There are many sites that want to educate you so you will not be the next person filling for bankruptcy.One rule I have tried to follow all of my adult life is if I see something I really like , then wait 2 days and still see if I really want it in two days. If so then I start to save to obtain that object and pay cash for it.