Bad way to get yourself into debt

The credit system, loans, and leasing cars has its advantages and disadvantages. If you “play it well”, you can use it to your advantage and get what you want without suffering or filing for bankruptcy. Some people swipe their credit card when necessary and some people just go on an unnecessary and lavish spending spree and “melt their card”. It is funny to me that some people swipe, swipe, and swipe and then when it is time to pay the bill…..they don’t have enough money to pay for that particular monthly bill or just decide not to pay at all. So, why buy whatever, especially unnecessary non essential things in the first place? Credit Cards are available and intended for purchasing things with it and paying for the goods/services but it is also subject to “abuse”. Actually, when we abuse it, we only hurt ourselves but we have a tendency to do just that (millions of people in the US do that and end up with bad credit and lots of debt).
Some people take out loans to buy a house. when it comes to “getting yourself into debt”, buying a house with a mortgage loan is not such a bad idea unless you are going way past your budget and/ or you are signing a bad loan that is charging ridiculous amount of interest and has strings attached. How else are most people going to buy houses? Unless you are earning six figure salary or more, in most cases you will not be able to save enough cash in a reasonable amount of time to buy a decent house or even a small and not so good looking house. That’s why most home owners have mortgage loans. Even then, for various reasons some people start defaulting and don’t pay their bills or just can not sustain paying for the house. Anyway, the biggest personal spending problem is when people just shop for things that they want and not necessarily need.
Some people are able to pay for what they buy with their credit cards ans some people know they will not be able to pay for their “toys” when the bills roll in but decide to melt their cards anyway just because they can do that. It’s a shame that it is that way, but many many people do that and the reason they do it and don’t think twice about doing that is because they are not really “punished” for it in the traditional way. What happens when you don’t pay your bills? Your car gets taken away, your cell phone services is shut off, and your credit score decreases. Nothing more, nothing less. That’s why many people abuse their credit cards and buy whatever they want even if they can’t actually pay for it. And that is a bad way to get yourself into debt, to say the least !!!!!!!!!!!!!!!!!!