Credit is a privledge not a god-given right.

Sometimes I think people get so caught up in life that they forget some of the fundamental laws. In finance you must prove your worthiness. I think one of the great pitfalls in the education system is that more schools don't teach basic financial skills regarding the management of money. We all work hard for what we have, but some people are better at hanging on to it than others. Money management requires discipline and common sense. If you are married it is always best that one of you act as money manager, but keep your partner abreast of current budgeting and spending habbits. Most financial advisors reccommend setting up a budget to help through the rough times. They also say you should have as a back-up in savings 18 mos of income in case of emergencies.