Spending what you don't have

I think there are too many young and middle aged people who get themselves into trouble with credit cards nowadays.  They are lured by credit card companies and banks into spending money they don't have and won't have in the near future.  I have seen countless houses being sold every couple of years because people couldn't afford the payments.

Credit cards can be the root of all evil if they are not handled properly. Many times they open the door for more debt.