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I haven't seen this program yet but I have it set on the TiVo. (I have the other two Frontline episodes saved - the one on marketing and the one on WalMart.) I feel lucky that I've always been able to handle my credit card bills - I always pay it in full every month. I've come close a few months. My wife has about $1500 in debt on her card and I'm hoping we can get rid of that soon.
About 2 years ago, a financial advisor came to our workplace and stressed to us the importance of getting out of credit card debt. My officemate, who at the time was putting money away for retirement and was about $4000 in credit card debt, cancelled the money going into his retirement and concentrated solely on the credit card. It took him about a year and a half, but he got out of the credit card debt. I have a lot of respect for him, because he consciously worked hard at escaping their grip.
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You have to laugh at yourself...because you'd cry your eyes out if you didn't. - Emily Saliers
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