Driving to work this morning I heard a commercial on the radio for a debt solutions program. The company promises to eliminate your credit card debt or make the payments very mananagable. They scold the evil, greedy credit card companies for trying to take advantage of those poor consumers who have spent more money than they have.

First, I understand everyone has a different financial situation and I don’t know the circumstances of everyone’s debt. However, for the most part debt racked up on credit cards is pointless and there is little or no excuse for massive amounts of credit card debt. It’s not Visa, MasterCard, Discover, or American Express that made you spend $500 for a new summer wardrobe you can’t really afford. Sure they may charge 20.99% interest on that money, but they didn’t make the initial decision to overspend.

We as adults need to have some responsibility for  our own actions. Stop blaming the finance companies for being greedy and start taking responsibility for our own out of control spending. I really hat to take up for credit card companies, but quit looking for handouts and start earning a living!