Too many topics, too little time

Borrowers pile up debt to pay off bills. Money: Nearly one in four people are turning to loans and credit cards to meet day-to-day living costs, new research says. [Guardian Unlimited]

the same thing is happening in the U.S., and I can't imagine the future for the economy as a boon given the average debtloads of individual. I've aimed to be debt free here in a few years, and I'm going to attempt to stay that way. However, when i walk through squires and see a kid with a credit card and magazine ordering new tires for his car because his student loan came in, i become somewhat disenchanted about people's economic decision making. I know i made my mistakes.