http://www.askmrcreditcard.com/creditcardblog/credit-card-debt-and-lifestyle-sacrifice/ Latest Credit Card News, Reviews and Information Thu, 09 Feb 2012 07:48:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.askmrcreditcard.com/creditcardblog/credit-card-debt-and-lifestyle-sacrifice/comment-page-1/#comment-68027 Experts on Credit Tue, 29 Apr 2008 16:56:49 +0000 http://askmrcreditcard.com/creditcardblog/credit-card-debt-and-lifestyle-sacrifice/#comment-68027 This is an interesting question and something I struggle with every day. I try to approach it this way -- my lifestyle should be supported by income, not how much I can borrow. However, there are certain things I can't pay for outright and can't go without. At that point, I think it's important to evaluate an appropriate amount to borrow that can actually fit in with your budget. Too many people borrow without thinking of how it will affect the future, and that's where the danger lies. This is an interesting question and something I struggle with every day. I try to approach it this way — my lifestyle should be supported by income, not how much I can borrow. However, there are certain things I can’t pay for outright and can’t go without. At that point, I think it’s important to evaluate an appropriate amount to borrow that can actually fit in with your budget. Too many people borrow without thinking of how it will affect the future, and that’s where the danger lies.

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